Pennsylvania Statutes Title 24 P.S. Education § 6901.310. Payments on account of tuition shortfalls

If there are tuition shortfalls on account of beneficiaries of Tuition Account Guaranteed Savings Program Contracts attending a public institution or redeeming tuition credits at a private institution average tuition level and if such tuition shortfalls are not paid on behalf of the department pursuant to section 307(b),  1 the total shortfall with respect to that institution shall be paid from the earnings of the fund as a separate payment pursuant to section 309(d)(3) or (e)(2)(ii). 2 The amount of shortfall payments shall be considered in determining the actuarial soundness of the fund as provided for in section 306(b)(2). 3