Sec. 305.022.  LIMITATIONS ON GRANT AMOUNT.  (a)  The amount of a grant under this chapter may not exceed the lower of:
(1)  the maximum grant amount, if any, specified by the legislature in an appropriation act;  or
(2)  the amount by which the tuition and required fees at the eligible institution attended exceeds the average amount of tuition and required fees that would be charged at a public technical institute, as determined by the commission based on information provided by the coordinating board.
(b)  The total amount of grants paid under this chapter on behalf of a student during a state fiscal year may not exceed an amount equal to 50 percent of the average state appropriation in the biennium preceding the biennium in which the grant is made for a full-time student or the equivalent at a public technical institute, as determined by the coordinating board and certified to the commission.
(c)  The amount of a grant to a part-time student shall be made on a pro rata basis in relation to the amount of the grant the person would be entitled to receive if enrolled as a full-time student.
Added by Acts 2001, 77th Leg., ch. 713, Sec. 1, eff. Sept. 1, 2001.