TX HB2654

Establishes the Texas Promise Grant Program to help Texas residents pay tuition and mandatory fees at public junior colleges, technical institutes, and state colleges, with grants covering the difference between tuition/fees and other gift aid received, or a minimum of $1,000 per semester

Requires initial eligibility criteria including Texas residency, high school graduation or GED within the past three years, enrollment in at least half-time status in an associate degree or certificate program, and application for all available financial aid

Limits grant eligibility to 75 semester credit hours maximum and a three-year period from initial award, with students ineligible if they already hold a certificate, associate degree, baccalaureate degree, or have completed more than 90 credit hours

Requires continuing students to maintain satisfactory academic progress, including completing at least 75% of attempted credit hours and earning a minimum 2.5 GPA after the first academic year, with hardship exceptions available

Awards a $1,000 incentive bonus upon completion of an associate degree or certificate program, with grants and bonuses beginning no earlier than the 2026-2027 academic year pending appropriations