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Texas Statutes (Last Updated: January 4, 2014) |
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EDUCATION CODE |
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Title 3. HIGHER EDUCATION |
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Subtitle A. HIGHER EDUCATION IN GENERAL |
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Chapter 54. TUITION AND FEES |
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Subchapter F. PREPAID HIGHER EDUCATION TUITION PROGRAM |
Sec. 54.6245. GRADUATE AND PROFESSIONAL DEGREE PLANS
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(a) The board may establish one or more plans to allow a person to prepay all or part of the tuition and required fees for enrollment in a graduate or professional degree program at an institution of higher education or private or independent institution of higher education, if the board determines that:
(1) a particular plan is feasible; and
(2) there is sufficient demand for the plan to justify administration of the plan.
(b) The board may limit a plan established under this section to a specified field or fields of study, to a specified level or type of degree, or to a specified number of hours or semesters, as the board considers appropriate.
(c) The board is not required to continue offering a plan established under this section in subsequent years.
(d) The board may modify the terms of a prepaid tuition contract otherwise required by this subchapter for a plan established under this section as the board considers necessary.