B-On-Time Program Costing Some Universities Millions

Even if state Sens. Dan Patrick, R-Houston, and Jeff Wentworth, R-San Antonio, are successful in their effort to end the practice of setting aside a portion of tuition for financial aid, it would not cut off funding for the set-aside-funded B-On-Time Loan Program for students at public institutions. The program offers sweet savings if you are a student. But if you are an institution of higher education, the program might be costing you anywhere from a few thousand to millions of dollars.

Currently, at each public university, 5 percent of tuition that exceeds a certain level is turned over to ...

Full Story

Comment Policy

The Texas Tribune is pleased to provide the opportunity for you to share your observations about this story. We encourage lively debate on the issues of the day, but we ask that you refrain from using profanity or other offensive speech, engaging in personal attacks or name-calling, posting advertising, or wandering away from the topic at hand. To comment, you must be a registered user of the Tribune, and your user name will be displayed. Thanks for taking time to offer your thoughts.

You must be logged in to leave a comment. Login | Sign-Up