Texas Comptroller Glenn Hegar
Texas Comptroller Glenn Hegar announced today the Texas Match the Promise FoundationSM is awarding matching scholarships worth up to $2,000 and one-time grants worth $3,000 at today’s prices. Applications are now being accepted for 2022-23 awards.
The Foundation is offering these increased scholarship awards to even more students by expanding the fifth through ninth grade range for eligibility to include third and fourth graders.
Match the Promise scholarships encourage families to save for college by supplementing their contributions to the Texas Tuition Promise Fund® (TTPF) – the state’s prepaid college tuition plan. The scholarships are awarded in the form of TTPF tuition units and can be used for undergraduate resident tuition and schoolwide required fees at Texas public colleges and universities, excluding medical and dental institutions.
“I am extremely proud of the positive impact this program has had on the lives of Texas children,” Hegar said. “We’re excited the Foundation approved new matching scholarships and tuition grants that give Texas families even more assistance in preparing for their loved one’s college education.”
Texas students in grades three through nine whose families have a family income of $100,000 or less can apply online for Match the Promise scholarships or download an application form to mail. Eligible applicants may apply between Sept. 1, 2022, and Dec. 31, 2022 (mail-in applications must be postmarked by Dec. 31).* Families may also enroll in TTPF during this time if they haven’t already done so.** TTPF’s $25 application fee is being waived for new enrollments during September and October 2022.
The Foundation will match up to $500 of participant tuition unit purchases, with family incomes of $75,000 or less receiving a four-to-one match worth up to $2,000 and family incomes of $75,001 to $100,000 receiving a two-to-one match worth up to $1,000. The 12 applicants who score the highest will receive a one-time grant worth $3,000, which doesn’t have a matching component.
The minimum contribution requirement of the scholarship program has been reduced from $100 to $50, and approved recipients will have until Aug. 31, 2023, to meet this requirement.
Find more information about the scholarships and how to donate to the Foundation at MatchThePromise.org. You can also contact the Foundation via email or at 800-531-5441, ext. 3-7570, for additional information.