FAST 鈥� Financial Aid for Swift Transfer Program

顿补迟别:听 January 11, 2024
Subject: FAST 鈥� Financial Aid for Swift Transfer Program
Category: Dual Credit, Reporting Requirements, and Funding Implications
Next Steps:听 Share with appropriate staff

Overview

The 丝瓜视频 is releasing an informational webinar that addresses the Financial Aid for Swift Transfer (FAST) program. This program, created by House Bill (HB) 8, 88th Texas Legislature, Regular Session, 2023, provides funding to participating public institutions of higher education so they can offer dual credit courses to educationally disadvantaged students at no cost to these students. View the听听or visit the听听for detailed information.听

Student Eligibility听

Students are eligible for the FAST program if they:听

  1. are enrolled in an eligible dual credit course at a public school district or charter school (i.e., eligible for Foundation School Program funding); and听
  2. are taking a course offered through an institutional agreement, as outlined in 19听, from an institution of higher education (IHE) that has opted to participate in FAST; and听
  3. were students who met the criteria for educationally disadvantaged, as defined under听, in any of the four school years prior to the academic year in which the student is enrolled in the eligible dual credit course.听

Institution of Higher Education (IHE) Participation听

FAST is an optional program available to public institutions of higher education, as defined under听. Institutions must complete a program participation agreement (PPA) to either opt in or opt out of the FAST program.听

A current听听is available. Please note that institutions can opt in for the spring 2024 semester until March 15, 2024, at which point this list will be updated.听

For More Information听

Learn more about the FAST Program by viewing the听. If you have any questions regarding FAST, please reach out to听Leah Smalley听at the Texas Higher Education Coordinating Board or access THECB鈥檚听听directly. If you have questions regarding College, Career, and Military Preparation, please contact听CCMP@tea.texas.gov.