(a) In any year in which sufficient funds are available, the board may announce the availability and amount of awards and may create a procedure for awarding match accounts.
(b) By submitting an application, a participant agrees to all the terms and conditions set forth by the board, Education Code, Chapter 54, and this subchapter.
(c) Only prepaid tuition units paid in full or college savings on deposit at the time of the application deadline are eligible for match.
(d) The board or executive director may conduct or request investigations to determine initial and continuing eligibility without obtaining additional consent from the participant when considering eligibility for an award and after an award has been made.

Source Note: The provisions of this §7.167 adopted to be effective July 1, 2012, 37 TexReg 4599