TX SB43

Creates the Texas Promise Grant Program for Two-Year Programs to help eligible Texas residents pay tuition and mandatory fees at public junior colleges, technical institutes, and state colleges for associate degrees and certificates

Creates the Texas Promise Grant Program for Four-Year Programs to help eligible Texas residents with annual household income under $150,000 pay tuition and mandatory fees for baccalaureate degrees at public institutions

Two-year program grants cover remaining tuition and fees after other gift aid (or minimum $1,000), with eligibility ending after 3 years or 75 credit hours; four-year program grants phase out for incomes between $100,000-$150,000

Requires students to graduate high school within three years, enroll at least half-time, maintain a 2.5 GPA and complete 75% of attempted hours after the first year, and have no felony or drug convictions (with exceptions for completed sentences)

Texas Higher Education Coordinating Board will administer both programs and begin awarding grants no earlier than the 2026-2027 academic year, with school districts required to notify students and parents about the programs