Section 22.29 - Allocation of Funds(a) Allocations for the TEG Program are to be determined on an annual basis as follows: (1) All eligible institutions will be invited to participate; those choosing not to participate will be left out of the calculations for the relevant year.(2) The allocation base for each institution choosing to participate will be its three-year average share of the total statewide amount of the total amount of TEG funds that eligible students at an approved institution could receive if the program were fully funded, subject to the limits in Texas Education Code, § 61.227(c) and (e), based on the students who met the following criteria:(A) Enrollment on at least a three-fourths or three-quarters basis;(B) An Expected Family Contribution, calculated using federal methodology, that results in demonstrated Adjusted Gross Need greater than zero;(C) Maintain satisfactory academic progress in his or her program of study as required by § 22.24(b) of this title (relating to Eligible Students);(D) Classified as a Resident of Texas;(E) Be enrolled in an approved institution in an individual degree plan leading to a first associates degree, first baccalaureate degree, first master's degree, first professional degree, or first doctoral degree;(F) Not be enrolled in a degree plan that is intended to lead to religious ministry;(G) Be required to pay more tuition than is required at a comparable public college or university and be charged no less than the tuition required of all similarly situated students at the institution; and(H) Not be a recipient of any form of athletic scholarship.(3) The source of data used for the allocations are the three most recently certified Financial Aid Database (FADS) reports submitted to the Board by the institutions.(4) A student's TEG need may not exceed the least of his or her adjusted gross need, tuition differential, or the TEG maximum award as set in accordance with Texas Education Code, § 61.227(c).(5) A student's exceptional TEG need plus TEG need may not exceed the least of the student's adjusted gross need, tuition differential or 150 percent of the current year's statutory TEG maximum award as set in accordance with Texas Education Code, § 61.227(c).(6) The maximum amount of need that may be recorded for any single student in the allocation calculation may not exceed the sum of his or her TEG need plus his or her exceptional TEG need.(7) The total amount allocated for an institution may not exceed the sum of the individual maximum amount of need for all students calculated using the sources of data outlined in paragraph (3) of this subsection.(8) Verification of Data. The TEG allocation spreadsheet will be provided to the institutions for review and the institutions will be given 10 working days, beginning the day of the notice's distribution and excluding State holidays, to confirm that the spreadsheet accurately reflects the data they submitted or to advise Board staff of any inaccuracies.(9) Allocations for both years of the state appropriations' biennium will be completed at the same time. For the allocations process of the second year of the state appropriations' biennium, the sources of data outlined in paragraph (3) of this subsection will be utilized to forecast an additional year of data. This additional year of data, in combination with the two most recent years outlined in paragraph (3) of this subsection, will be utilized to calculate the three-year average share outlined in paragraph (2) of this subsection. Institutions will receive notification of their allocations for both years of the biennium at the same time.(b) Reductions in Funding. (1) If annual funding for the program is reduced after the start of a fiscal year, the Board may take steps to help distribute the impact of reduced funding across all participating institutions by an across-the-board percentage decrease in all institutions' allocations.(2) If annual funding for the program is reduced prior to the start of a fiscal year, the Board may recalculate the allocations according to the allocation methodology outlined in this rule for the affected fiscal year based on available dollars.19 Tex. Admin. Code § 22.29
The provisions of this §22.29 adopted to be effective November 29, 2010, 35 TexReg 10503; amended to be effective March 4, 2014, 39 TexReg 1366; Amended by Texas Register, Volume 40, Number 09, February 27, 2015, TexReg 925, eff. 3/4/2015; Amended by Texas Register, Volume 42, Number 07, February 17, 2017, TexReg 686, eff. 2/22/2017; Amended by Texas Register, Volume 42, Number 47, November 24, 2017, TexReg 6625, eff. 11/29/2017; Amended by Texas Register, Volume 43, Number 34, August 24, 2018, TexReg 5505, eff. 8/27/2018; Amended by Texas Register, Volume 48, Number 19, May 12, 2023, TexReg 2500, eff. 5/18/2023