Texas § 61.07761 FINANCIAL AID AND OTHER TRUSTEED FUNDS ALLOCATION.

Texas Statutes

§ 61.07761 — FINANCIAL AID AND OTHER TRUSTEED FUNDS ALLOCATION.

Texas § 61.07761

Code EDEducation Code

This text of Texas § 61.07761 (FINANCIAL AID AND OTHER TRUSTEED FUNDS ALLOCATION.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Education Code Code Ann. § 61.07761 (2026).

Text

Sec. 61.07761. FINANCIAL AID AND OTHER TRUSTEED FUNDS ALLOCATION.

(a)For any funds trusteed to the board for allocation to institutions of higher education and private or independent institutions of higher education, including financial aid program funds, the board by rule shall:

(1)establish and publish the allocation methodologies; and

(2)develop procedures to verify the accuracy of the application of those allocation methodologies by board staff.

(b)The board shall consult with affected stakeholders before adopting rules under this section.

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Sec. 61.07761. FINANCIAL AID AND OTHER TRUSTEED FUNDS ALLOCATION. (a) For any funds trusteed to the board for allocation to institutions of higher education and private or independent institutions of higher education, including financial aid program funds, the board by rule shall:
(1) establish and publish the allocation methodologies; and
(2) develop procedures to verify the accuracy of the application of those allocation methodologies by board staff.
(b) The board shall consult with affected stakeholders before adopting rules under this section.