HBA-SEP H.B. 3054 77(R) BILL ANALYSIS Office of House Bill AnalysisH.B. 3054 By: Rangel Higher Education 3/26/2001 Introduced BACKGROUND AND PURPOSE Approximately 75 percent of student financial aid awarded nationwide is from federal aid programs such as the Pell grant or federal loans. The remainder comes from institutional and state aid such as the Texas Public Educational Grant program and the Toward EXcellence, Access, and Success (TEXAS) grant program, created by the 76th Legislature. The Texas Higher Education Coordinating Board limited the amount of the TEXAS grant awarded to each student to $2,650, which is the statewide average of tuition and fees. Currently, a student who receives a TEXAS grant is unable to use a Pell grant or loans to offset tuition and fees higher than $2,650. In these cases, financial aid officers at institutions of higher education may be forced to withhold other sources of state aid from other students in need of financial aid in order to first consider TEXAS grant recipients who may have tuition and fee costs above the state average. House Bill 3054 authorizes an institution to use a loan or a Pell grant to cover any difference in the amount of a TEXAS grant and the actual amount of tuition and required fees at the institution. RULEMAKING AUTHORITY It is the opinion of the Office of House Bill Analysis that this bill does not expressly delegate any additional rulemaking authority to a state officer, department, agency, or institution. ANALYSIS House Bill 3054 amends the Education Code to authorize an institution of higher education to use a loan or a Pell grant to cover any difference in the amount of a Toward EXcellence, Access, & Success grant and the actual amount of tuition and required fees at the institution. EFFECTIVE DATE On passage, or if the Act does not receive the necessary vote, the Act takes effect September 1, 2001.