HB0338 - Tennessee - Lottery, Scholarships And Programs

Companion Bill SB0598. Lottery, Scholarships and Programs - Changes limitation on receipt of Tennessee HOPE scholarship from 120 attempted semester hours to five years of full-time equivalent attendance. - Amends TCA Title 49, Chapter 4, Part 9. Fiscal Summary for *HB0338 / SB0598Other Fiscal Impact - Increases the expenditure of lottery proceeds earmarked for scholarships and grants by $448,400 in FY07-08 and by $494,000 in FY08-09. Bill Summary for *HB0338 / SB0598 Under present law, a student may receive a Tennessee HOPE scholarship until the first of the following events: (1) The student has earned a baccalaureate degree; (2) The student has attempted at any postsecondary institution a total of 120 semester hours (or 136 semester hours if the degree program requires more than 120 semester hours); or (3) Five years [...]

show full description