Tex. Educ. Code § 56.038
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
The coordinating board may not use funds transferred to it pursuant to this subchapter from one institution to award grants to students of a different institution. Should matching funds be unavailable for an institution, all funds transferred from that institution to the coordinating board shall be returned to that institution.
Tex. Educ. Code § 56.038