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eXpendit

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Provisions Relating Only to Institutions or Agencies of Higher Education
Higher Education Funds

Higher education funds can be used by eligible institutions and agencies of higher education for the purpose of:

  • Acquiring land with or without permanent improvements.
  • Constructing or making other permanent improvements to buildings.
  • Paying for, acquiring, constructing or equipping for:
    • Major repairs, improvements or rehabilitation of buildings.
    • Capital equipment used jointly for educational and general activities.
    • Auxiliary enterprises used for educational and general activities.
  • Acquiring:
    • Capital equipment.
    • Library books and library materials.

Reference statutes: Texas Constitution, Article VII, Section 17 and Education Code, Chapter 62, Sec. 62.021-62.027.

Questions concerning the use of higher education funds or about the statutes should be directed to the institution’s appropriation control officer.

See also: Advance Payments.