1. (a) To receive Examination Fee Financial Aid funds a Texas applicant, having submitted a board approved application to take the UCPAE must:

   1. (1) have not taken a section of the UCPAE prior to the effective date of this rule;
   2. (2) have not passed a section of the UCPAE prior to the effective date of this rule;
   3. (3) take the first section of the UCPAE after the effective date of this rule;
   4. (4) receive their first passing score, as determined by board rule on a section of the UPCAE after the effective date of this rule; and
   5. (5) submit an application to the board for reimbursement of the UCPAE fee within 90 days of receiving the first passing score.
2. (b) Examination Fee Financial Aid funds are only available to Texas applicants whose purpose is to obtain a certificate of "Certified Public Accountant" in Texas.

Source Note:The provisions of this §520.11 adopted to be effective October 9, 2024, 49 TexReg 8089.