TITLE: Relating to continuing eligibility requirements for institutions of higher education to participate in the Texas Science, Technology, Engineering, and Mathematics (T-STEM) Challenge Scholarship Program.

SUMMARY: Relating to continuing eligibility requirements for institutions of higher education to participate in the Texas Science, Technology, Engineering, and Mathematics (T-STEM) Challenge Scholarship Program.

FULL TEXT:
AN ACT relating to continuing eligibility requirements for institutions of higher education to participate in the Texas Science, Technology, Engineering, and Mathematics (T-STEM) Challenge Scholarship Program. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 61.9794(b), Education Code, is amended to read as follows: (b) To maintain eligibility, each year beginning with the third [second] year following implementation of a scholarship program under this subchapter, an institution must demonstrate to the board that at least 70 percent of the institution's T-STEM Challenge Scholarship recipients [graduates],within twelve [three] months of receipt of a scholarship [after graduation],are: (1) employed [by a business in a Science, Technology, Engineering, and Mathematics (STEM) field];or (2) enrolled in [upper-division] courses leading to a certificate or an associate or baccalaureate degree in a Science, Technology, Engineering, and Mathematics (STEM) field. SECTION 2. The Texas Higher Education Coordinating Board shall award scholarships under Subchapter GG, Chapter 61, Education Code, as amended by this Act, beginning with the 2015-2016 academic year. SECTION 3. This Act takes effect September 1, 2015.