State of Texas – Fiscal Management

Manual of Accounts

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Revenue Object 3691 – Texas B-On-Time Student Loan Tuition Set-Asides

Repealed

This revenue object is inactive. Please see the notes section for further information regarding the inactive status. Recently inactivated objects may remain active in USAS for a period of time to complete outstanding transactions or for other accounting purposes.

Legal Citations:
Revenue Type: Cash — Education
Origin Date:
Issue Date: 2003-07-01
Revised Date: 2015-07-30

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Deposit Funds

Notes

Created 2003 by S.B. 4, 78th Leg., R.S. under Education Code, Sec. 56.465. The board of each institution of higher education set aside 5% of the designated tuition charged a student under Education Code §54.0513 in excess of $46 per semester credit hour. Used to finance the Texas B-On-Time student loan program. H.B. 700, 84th Leg., R.S. abolished the program.

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