(a) Scholarships shall be established and administered in a manner that the board determines best serves the public purpose of the scholarships.
(b) In determining what best promotes the public purpose, the board shall consider at a minimum the following factors relating to each person applying for a scholarship under this section:
(1) financial need;
(2) ethnic or racial minority status; and
(3) scholastic ability and performance in at least 15 hours of upper-level accounting coursework.

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Terms Used In Texas Occupations Code 901.654

  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005