tx-August72026-41: 19 TAC §§22.1, 22.8, 22.11 (Amendment) — Student Financial AID Programs

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Summary

The Texas Higher Education Coordinating Board (Coordinating Board) proposes amendments to Texas Administrative Code, Title 19, Part 1, Chapter 22, Subchapter A, §§22.1, 22.8, and 22.11, concerning General Provisions. Specifically, these amendments will create an alternative method of calculating financial need for certain students and establish additional procedures relating to institutions' authority to transfer limited amounts of allocated funds between certain financial aid programs. The Coordinating Board is authorized by Texas Education Code, §56.0035, to adopt rules to carry out the purposes of that chapter. Rule 22.1, Definitions, is amended by adding a new definition for "full-time, full-year cost of attendance" and amending the definition of "financial need." A student's Student Aid Index (SAI) is the output of the Free Application for Federal Student Aid (FAFSA) form and approximates a student's means for financing his/her own higher education. Most state financial aid programs are based upon the concept "financial need," which is calculated by subtracting a student's SAI from his/her cost of attendance (COA). When financial need is positive, a student becomes eligible...

The agency’s own summary, as published.

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