SB1214 - Tennessee: Lottery, Scholarships And Programs

Lottery, Scholarships and Programs - Changes the semesters at which student eligibility for HOPE scholarships and HOPE access grants are checked from the end of the semester in which a student has attempted 24, 48, 72, or 96 semester hours, and 120 semester hours if the student is in a program requiring more than 120 semester hours, to the end of the semester in which a student has attempted 30, 60, or 90 semester hours, and 120 semester hours if the student is in a program requiring more than 120 semester hours; enables a nontraditional student to qualify for a HOPE scholarship after 12 semester hours. - Amends TCA Title 49, Chapter 4, Part 9.

Other Fiscal Impact - Increases the expenditure of lottery proceeds earmarked for scholarships and grants by $52,227,200 in FY07-08 and by $57,450,300 in FY08-09.