Bill > HB5640

This bill modifies Section 51.3525 of the Texas Education Code by adding a new subsection that exempts certain scholarships and grants from existing regulations. Specifically, the bill states that the section's provisions will not apply to scholarships or grants awarded by an institution of higher education that are funded entirely by private money or endowments. This means that institutions will have more flexibility in awarding scholarships and grants that are fully funded by private sources, without being subject to the previous regulatory requirements. The bill would take effect immediately if it receives a two-thirds vote in both legislative houses, or otherwise on September 1, 2025. By creating this exemption, the bill appears to provide public higher education institutions with greater autonomy in managing privately funded financial aid awards.

Education

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB5640