(a) The total annual amount of financial assistance that an eligible student may receive from the ETV Program is determined by the following criteria:
  (1) The amount of financial assistance is limited to the lesser of $5,000 or the total cost of attendance, as allowable under §472 of the federal Higher Education Act of 1965 (20 U.S.C. §1087ll ).
  (2) The amount of educational assistance to a student under the ETV Program and any other federal or federally supported program must not exceed the total cost of attendance, as defined in §472 of the federal Higher Education Act of 1965 (20 U.S.C. §1087ll ).
  (3) Financial assistance provided under the ETV Program cannot duplicate benefits provided under any other federal or federally supported program.
  (4) If a student is eligible for the state exemption from payment of tuition and fees, under Texas Education Code §54.366, §54.367, or any other tuition waiver exemption and is attending an institution where that exemption applies, the student may not receive financial assistance under the ETV Program for the cost of tuition and fees.
(b) ETV funds can only be used to pay for the category of expenses as allowable under §472 of the federal Higher Education Act of 1965 (20 U.S.C. §1087ll ) and applicable federal guidance, if the student will incur such costs.

Source Note: The provisions of this §700.1617 adopted to be effective December 1, 2005, 30 TexReg 7487; amended to be effective February 11, 2021, 46 TexReg 937