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

SB 2995 requires Texas public colleges and universities to provide prospective students with clear, plain-language information about how private scholarships or other factors might reduce their existing financial aid ("financial aid displacement"). The bill mandates that institutions include a mandatory advisory in admission applications or via a link, featuring a prominent warning about aid reduction, common reasons for it, and practical steps to maximize aid. This advisory must also include application timelines, specific recommendations to avoid aid reduction, and contact details for financial aid support. The law, effective September 1, 2025, aims to increase transparency for students navigating financial aid processes.