(a) Funds generated through tuition set-asides may be used to:
  (1) make need-based grants to resident or nonresident students; and
  (2) fund emergency tuition, fee, and book loans as described in §22.66 of this title, (relating to Loan Repayment Deferral and Forgiveness).
(b) Funds transferred into the Program from the Student Deposit Scholarship Program shall only be used for making need-based grants to resident students.
(c) Funds transferred into the Program from the License Plate Insignia Scholarship Program shall only be used to make need-based grants to resident or nonresident students.

Source Note: The provisions of this §22.65 adopted to be effective August 27, 2018, 43 TexReg 5508