SB2995 addresses financial aid displacement at Texas public institutions, requiring institutions to notify students of aid reductions and report on.

SB2995 amends the Education Code to tackle the issue of financial aid displacement at public institutions in Texas. The bill mandates that institutions inform students if their gift aid (grants, scholarships, etc.) is reduced, specifying the type of aid, the reduction amount, and the reason. Institutions must send this financial aid reduction notice within 30 days of the reduction. Additionally, institutions must provide a financial aid displacement advisory to students upon admission.

SB2995 addresses financial aid displacement at Texas public institutions, requiring institutions to notify students of aid reductions and report on.

SB2995 amends the Education Code to tackle the issue of financial aid displacement at public institutions in Texas. The bill mandates that institutions inform students if their gift aid (grants, scholarships, etc.) is reduced, specifying the type of aid, the reduction amount, and the reason. Institutions must send this financial aid reduction notice within 30 days of the reduction. Additionally, institutions must provide a financial aid displacement advisory to students upon admission.