- (a) Graduation rate is defined as and determined by dividing the number of students who received a high school diploma from the qualified provider by the number of students for which the qualified provider sought and received reimbursements.
- (b) The Program cost per graduate formula is determined as the product of the number of students who received a high school diploma the previous calendar year multiplied by $7,000; the product may not exceed the total annual cost (reimbursements paid) to the qualified provider for the total number of services provided.
Source Note:The provisions of this §800.504 adopted to be effective January 25, 2021, 46 TexReg 577.