- (a) Board staff shall distribute to each eligible institution an amount of funds equal to the amount of state credit applied by the institution under §22.555 (relating to Scholarship Amount) during the preceding academic year.
- (b) The institution's annual Financial Aid Database submission will be used to calculate the reimbursement amount.
Source Note:The provisions of this §22.556 adopted to be effective August 21, 2022, 47 TexReg 4851.