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ERIC Number: ED509083
Record Type: Non-Journal
Publication Date: 2009-Feb
Pages: 3
Abstractor: ERIC
Reference Count: N/A
ISBN: N/A
ISSN: N/A
Overview: Permanent University Fund (PUF)/Higher Education Fund (HEF)
Texas Higher Education Coordinating Board
All public institutions of higher education except community colleges and the Texas A&M University System College of Dentistry receive funding for construction and other capital purposes from the Permanent University Fund (PUF) or the Higher Education Fund (HEF) (sometimes referred to as the Higher Education Assistance Fund or HEAF). The Higher Education Fund includes a dedicated endowment designed to provide HEF funding in the future. Most long-time institutions in The University of Texas System and the Texas A&M University System benefit from the PUF; other institutions, including newer UT System and A&M system institutions, benefit from the HEF. The amount of funds allocated for each PUF institution is determined by the Boards of Regents of The University of Texas System and Texas A&M University System each year. The allocation of HEF funds to each institution is determined by the Legislature and may be revised every five years. The Texas Higher Education Coordinating Board makes recommendations to the Legislature regarding these allocations based on recommendations of an advisory committee comprised of representatives of HEF institutions. This article provides an overview of the Permanent University Fund and the Higher Education Fund.
Texas Higher Education Coordinating Board. P.O. Box 12788, Austin, TX 78711. Tel: 800-242-3062; Tel: 512-427-6101; Fax: 512-427-6127; Web site: http://www.thecb.state.tx.us
Publication Type: Reports - Descriptive
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Texas Higher Education Coordinating Board
Identifiers - Location: Texas