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Seal of the Senate of the State of Texas Welcome to the Official Website for the Texas Senate
Seal of the Senate of the State of Texas
Welcome to the official website for the
Texas Senate
 
Senator Jane Nelson: District 12
Senator Jane Nelson
P.O. Box 12068, State Capitol
Austin, Texas 78711
Tel. (512) 463-0112
January 25, 2017
Contact: Melissa Duncan
512-463-0112
TODAY IN FINANCE

On the agenda: Article III - Higher Education

Higher Education Coordinating Board
Higher Education Fund
Texas Woman's University
Texas A&M System
Texas A&M System Agencies
Texas A&M University System Health Science Center
Texas State University System
University of Houston System Administration

View the posting at: http://www.legis.texas.gov/tlodocs/85R/schedules/html/C5402017012509001.HTM

Higher Education Funding in SB1:

  • Prioritizes funding for students:
    • Maintains existing funding formulas for higher education;
    • Continues current levels for Texas major financial aid programs for public institutions of higher education, including TEXAS Grant;
  • Sets aside $300 million for special items such as pilot programs, research, museums, and start-up costs for university initiatives -- a reduction of $800 million from FY 16-17;
  • Appropriates $18.3 billion for higher education for FY 18-19, a decrease of $400 million from FY 16-17, but an increase of $1.6 billion over FY 14-15. The Legislature increased the higher education budget last session by $2 billion;
  • Increases funding for Graduate Medical Education by $44.1 million for with the goal of ensuring that residency slots are available for Texas' medical school graduates.

Statement from Senator Nelson: "As a starting point, SB 1 prioritizes taxpayer resources educating the student and providing financial aid. Special items have grown exponentially, and we need a thorough review to ensure we are making the most efficient use of our higher education dollars."

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