(a) Funds generated through tuition set-asides may be used to:
- (1) make need-based grants to resident or nonresident students; and
- (2) fund emergency tuition, fee, and book loans as described in §21.3 of this title, (relating to Loan Repayment Deferral and Loan Forgiveness for Emergency Tuition and Fee Loans).
- (b) Funds transferred into the Texas Public Educational Grant Program from the Student Deposit Scholarship Program shall only be used for making need-based grants to resident students.
- (c) Funds transferred into the Texas Public Educational Grant Program from the License Plate Insignia Scholarship Program shall only be used to make need-based grants to resident or nonresident students.
Source Note:The provisions of this §22.64 adopted to be effective November 28, 2005, 30 TexReg 7869.