19 Tex. Admin. Code § 13.84 - Amount of Tuition Rebates
(a) The amount
of tuition to be rebated to a student under this program is $1,000, unless the
total amount of undergraduate tuition paid by the student to the institution
awarding the degree was less than $1,000, in which event the amount of tuition
to be rebated is an amount equal to the amount of undergraduate tuition paid by
the student to the institution.
(b)
A student who paid the institution awarding the degree an amount of
undergraduate tuition less than $1,000 may qualify for an increase in the
amount of the rebate, not to exceed a total rebate of $1,000, for any amount of
undergraduate tuition the student paid to other Texas public institutions of
higher education by providing the institution awarding the degree with proof of
the total amount of that tuition paid to other institutions.
(c) Tuition rebates shall be reduced by the
amount of any outstanding student loan, including an emergency loan, owed to or
guaranteed by this state, including the Texas Guaranteed Student Loan
Corporation. If a student has more than one outstanding student loan, the
institution shall apply the amount of the rebate to the loans as directed by
the student. If the student fails to provide timely instructions on the
application of the amount, the institution shall apply the amount of the rebate
to retire the loans with the highest interest rates first.
Notes
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