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As a reminder, the deadline for institutions to submit their 2018-19 (FY 2019) Tuition Equalization Grant (TEG) Engagement Report to Financial Aid Services is June 30, 2020.

The FY 2020 Tuition Equalization Grant (TEG) Engagement Guide is available on the Student Financial Aid Programs webpage under Program Resources. Private and independent institutions participating in the TEG program are required to have their operations of the program audited on an annual basis by an independent auditor or by an internal audit office that is independent of the financial aid and disbursing office.

The purpose of the engagement is to confirm that awards are made only to eligible students and that the institution has an adequate system of internal controls to ensure adherence to program laws and regulations.

The Texas Higher Education Coordinating Board (THECB) announces the enclosed 2020-21 (FY 2021) proposed allocation amounts for fiscal year 2021 for the Bilingual Education Program.

Effective July 1, 2020, the interest rate on all College Access Loans (CAL) will be 4.20%.

The Texas Higher Education Coordinating Board (THECB) announces the 10-day allocation data review for the 2020-21 (FY 2021) Educational Aide Exemption (EAE) program for public institutions.

The Texas Higher Education Coordinating Board (THECB) will begin accepting files June 22, 2020 for the 2019-20 (FY 2020) FAD Reporting Cycle Two.

Enclosed is the updated FY 2020 FAD manual, which is also available on the Student Financial Aid Programs website under Online Resources. Please replace all previous copies of the FY 2020 FAD manual to ensure that financial aid administrators submit all files accurately.

The Texas Higher Education Coordinating Board (THECB) announces the release of the comprehensive 2020-21 (FY 2021) program guidelines, a resource that combines all guidelines in one PDF for ease of use. The enclosed comprehensive guidelines are also posted on the Student Financial Aid Programs (SFAP) Program Resources webpage.