1 No graduation class in 1963, due to change from 3- to 4-year course.
Includes $103,000 in uniform deposits not reported as income in previous years.
Source: Prepared by the Division of Maritime Academies, updated Apr. 6, 1970.

NOTES

1. Under the provisions of Public Law 85-672, effective July 1, 1959, Federal grant payments to
State schools were increased from $25,000 to $75,000 per annum. In addition, the subsistence, uniform,
and textbook allowances were increased from approximately $450 per student, per year, to $600 per
student, per year.

2. This analysis, for fiscal years 1960 through 1962, is based on operating cost and sources of
income figures verified by each of the superintendents of the several State marine schools. The
figures for fiscal year 1963 were computed from reports submitted by the several schools in support
of the fiscal year 1964 vouchers for payment of grants to State schools. The figures for fiscal years
1964 to 1968 were furnished by superintendents of the State marine schools upon written request
of this office.

3. The Texas Maritime Academy, in its 7th year of existence, operates on a fiscal year beginning
Sept. 1 and ending Aug. 31. However, the above figures cover payments and operating cost for the
period July 1, 1962, through June 30, 1969.