Neither an institution nor a student may use financial assistance offered through programs in chapter 22 or chapter 24 of this title (relating to Student Loan Programs) for any purpose other than paying for any usual and customary cost of attendance incurred by the student related to enrollment at a participating institution of higher education for the academic year for which funding was offered.

Source Note:The provisions of this §22.7 adopted to be effective May 15, 2025, 50 TexReg 2786; amended to be effective February 12, 2026, 51 TexReg 728.