(a) The commission may provide tuition assistance grants to Texas residents enrolled in a qualified education program at an eligible institution.
(b) In selecting applicants to receive grants under this chapter and the amount of the grant for each applicant, the commission may consider:
(1) the financial need and resources of an applicant;
(2) the state's need for workforce development in the applicant's proposed career field;
(3) the efficient use of the money available for grants;
(4) the fair allocation of grants to promote workforce development in different career fields;
(5) the opportunity of applicants from all regions of this state to receive financial assistance under this chapter; and
(6) any other factor the commission considers appropriate to further the purposes of this chapter.