(a) After establishing eligibility to receive an initial scholarship under the program, a student may continue to receive additional scholarships during each subsequent semester or other academic term in which the student is enrolled at an institution of higher education if the student:
(1) makes satisfactory academic progress as required by § 56.489;
(2) submits to the institution transcripts for any coursework completed at other public or private institutions of higher education;
(3) has been awarded a TEXAS grant under Subchapter M for the same semester or other academic term for which the scholarship will be awarded; and
(4) complies with any other eligibility requirements established by coordinating board rule.
(b) If a student fails to meet any of the requirements of Subsection (a) after completing a semester or other academic term, the student may not receive a scholarship during the next semester or other academic term in which the student enrolls. A student may become eligible to receive a scholarship in a subsequent semester or term if the student:
(1) completes a semester or term during which the student is not eligible for a scholarship; and
(2) meets all the requirements of Subsection (a).

(c) Except as provided by § 56.490(b), a student’s eligibility for a scholarship under the program ends on the fourth anniversary of the first day of the semester or other academic term for which the student was awarded an initial scholarship under the program.