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Terms Used In Texas Education Code 54.761

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC

This subchapter is not a promise or guarantee that a beneficiary will be:
(1) admitted to any public or private institution of higher education;
(2) admitted to a particular public or private institution of higher education;
(3) allowed to continue enrollment at a public or private institution of higher education; or
(4) graduated from a public or private institution of higher education.