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Texas Education Code - EDUC § 62.183. Funding

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) Subject to Subsection (b), for each state fiscal biennium, an eligible institution is entitled to receive an amount equal to the sum of:

(1) a base amount of $500,000 or a greater base amount provided by appropriation; and

(2) the product of $1,000 or a greater amount provided by appropriation and the average number of at-risk students awarded a degree by the institution each year during the three state fiscal years preceding the biennium.

(b) An alternative method of allocating funding under this section may be provided by appropriation.

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Cite this article: FindLaw.com - Texas Education Code - EDUC § 62.183. Funding - last updated January 01, 2024 | https://codes.findlaw.com/tx/education-code/educ-sect-62-183/

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