(a) To receive an initial year award through the Program, a student must:(1) be a resident of Texas;(2) show financial need;(3) have applied for any available financial aid assistance;(4) be enrolled at a participating institution on at least a half-time basis as an entering student; and(5) be enrolled in an associate degree or certificate program at a participating institution.(b) To receive a continuation award through the Program, a student must:(1) have previously received an initial year award through this program;(2) show financial need;(3) be enrolled on at least a half-time basis;(4) be enrolled in an associate degree or certificate program at an eligible institution; and(5) make satisfactory academic progress towards an associate degree or certificate, as defined in §22.257 of this subchapter (relating to Satisfactory Academic Progress).