Bill > HB5299

This bill establishes the Texas Promise Grant Program, designed to provide financial assistance and incentives for students attending two-year public higher education institutions like junior colleges, technical institutes, and state colleges. To be initially eligible, students must be Texas residents, have graduated high school within the last three years, be enrolled in an associate degree or certificate program, and maintain at least half-time enrollment. The grant will cover the difference between tuition and mandatory fees and other financial aid, with a minimum award 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 courses and maintaining a 2.5 GPA in subsequent academic years. An additional $1,000 incentive bonus is available upon completing an associate degree or certificate program. The Texas Higher Education Coordinating Board will administer the program, develop rules in consultation with financial aid officers, and begin awarding grants no earlier than the 2026-2027 academic year. School districts are required to notify students, teachers, counselors, and parents about the program and its eligibility requirements, aiming to increase awareness and access to higher education financial support.

Education

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB5299