Signed Into Law
Signed June 20, 2025Effective 2025-09-01
SB2995

Regular Session

Relating to the displacement of student financial aid at a public institution of higher education.

Government Affairs & Regulatory Compliance Analysis

Business Impact

Who SB2995 Affects

Regulatory Priority: moderate

Notable regulatory updates (effective 2025-09-01). Consider how these changes may affect your operations.

Estimated Cost Impact

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Compliance Analysis

Key implementation requirements and action items for compliance with this legislation

Immediate Action Plan

Operational Changes Required

Strategic Ambiguities & Considerations

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Information presented is for general knowledge only and is provided without warranty, express or implied. Consult qualified government affairs professionals and legal counsel before making compliance decisions.

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Quick Reference

Frequently Asked Questions

Common questions about SB2995

Q

What does Texas SB2995 do?

SB2995 mandates that all Texas public institutions of higher education explicitly disclose "financial aid displacement" practices directly on admission application forms. This requires immediate IT and operational updates to application portals to accommodate strict formatting requirements (14-point font, specific borders) and new advisory language prior to the 2025-2026 application cycle.

Q

Who authored SB2995?

SB2995 was authored by Texas Senator Royce West during the Regular Session.

Q

When was SB2995 signed into law?

SB2995 was signed into law by Governor Greg Abbott on June 20, 2025.

Q

Which agencies enforce SB2995?

SB2995 is enforced by Texas Higher Education Coordinating Board (THECB).

Q

How significant are the changes in SB2995?

The regulatory priority for SB2995 is rated as "moderate". Businesses and organizations should review the legislation to understand potential impacts.

Q

What is the cost impact of SB2995?

The cost impact of SB2995 is estimated as "low". This may vary based on industry and implementation requirements.

Q

What topics does SB2995 address?

SB2995 addresses topics including education, education--higher, education--higher--student financial aid, scholarships and higher education coordinating board, texas.

Q

What are the key dates for SB2995?

Key dates for SB2995: Effective date is 2025-09-01. Rulemaking: Develop the standardized 'financial aid displacement advisory' text, identify common reasons for displacement, and adopt implementation rules. (Prior to 2025-2026 academic year). Consult with legal counsel regarding applicability.

Legislative data provided by LegiScanLast updated: January 11, 2026