Bill > HB2654

This bill establishes the Texas Promise Grant Program, a financial aid initiative designed to support students attending two-year public higher education institutions such as junior colleges, technical institutes, and state colleges. The program aims to help eligible students pay for tuition and mandatory fees while providing an incentive to complete an associate degree or certificate program. To qualify, students must be Texas residents who have graduated high school within the last three years, be enrolled at least half-time in an associate degree or certificate program, and apply for other available financial aid. The grant will cover the difference between tuition and mandatory fees and any other gift aid received, with a minimum grant amount of $1,000 per semester. Students can receive the grant for up to 75 semester credit hours and must maintain satisfactory academic progress, including completing at least 75% of attempted credit hours and maintaining a 2.5 GPA. Additionally, students who successfully complete their associate degree or certificate program will be eligible for a $1,000 incentive bonus. The Texas Higher Education Coordinating Board will administer the program and is required to develop informational materials and distribute them to schools and districts. The program is set to begin awarding grants and bonuses in the 2026-2027 academic year, contingent on appropriate funding.

Education

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB2654