State of Texas – Fiscal Management

Manual of Accounts

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Expenditure Object 7638 – Texas Tomorrow Fund - Excess Tuition/Fee Payment To Beneficiary
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Object Type: Cash — Other Expenditures
Reference:
Issue Date: 1996-06-03
Revised Date:

Description


To record payment of excess tuition and required fees to the beneficiary when the amount paid by the purchaser exceeds the actual amount of tuition and fees at a private college. The Comptroller Prepaid Higher Education Tuition Board will pay directly to the beneficiary pursuant to the terms of the prepaid tuition contract.

Expenditure code 7638 includes, but is NOT limited to:

  • Texas Tomorrow Fund Beneficiary Payments


Notes


RESTRICTED: This code may be used only by the Comptroller -- Prepaid Higher Education Tuition Board, Agency 315 for payments from the Texas Tomorrow Trust Fund (0892).


USAS Values


Appropriation Year 26
USAS Title TTF-EXCES TUITION/FEE PMT TO BENEFICIARY
Object Group 10 – Expenditures
USAS Status A
Rev/Exp Category 04 – OTHER EXPENDITURES



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