HB0724 - Tennessee - Lottery, Scholarships And Programs

Companion Bill SB1237. Lottery, Scholarships and Programs - Revises requirements for HOPE and Merit scholarships and deletes Access grants. - Amends TCA Title 49, Chapter 4, Part 9. Fiscal Summary for *HB0724 / SB1237Other Fiscal Impact - Increases the expenditure of lottery proceeds earmarked for scholarships and grants by $91,600,000 for FY07-08 and by $126,700,000 in FY08-09. Bill Summary for *HB0724 / SB1237 Generally, to be eligible for a HOPE scholarship, a student must graduate from high school with a GPA of 3.0 or attain a composite ACT score of at least 21 on any single ACT test date or a combined SAT score of at least 980 on any single SAT test date. This bill changes the academic requirements for receipt of a HOPE scholarship to require a GPA of 2.0 or an ACT score of 18 or an SAT score determined to be equivalent by THEC. [...]

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