The bill, titled "Texas Promise Grant Program," aims to establish a new grant program for eligible students attending two-year public institutions of higher education in Texas. It introduces a new subchapter to the Education Code, which outlines the definitions, purpose, administration, eligibility criteria, and grant amounts associated with the program. The Texas Higher Education Coordinating Board is designated to administer the program, develop necessary rules, and award grants and incentive bonuses to eligible students. The program is designed to assist with tuition and mandatory fees while incentivizing students to complete their associate degrees or certificate programs.

To qualify for the grant, students must meet specific criteria, including residency, recent high school graduation, enrollment in an eligible program, and compliance with financial aid applications. The bill stipulates that grants will cover the difference between tuition and any other financial aid received, with a maximum grant amount of $1,000. Additionally, students who complete their programs will be eligible for a $1,000 incentive bonus. The Texas Higher Education Coordinating Board is tasked with notifying school districts and students about the program, and the implementation of the program is set to begin for the 2026-2027 academic year, pending appropriations.

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