HB3341 - Tennessee - Lottery, Scholarships And Programs

Companion Bill SB3193. Lottery, Scholarships and Programs - Changes age requirement for eligibility of nontraditional students for Tennessee HOPE scholarships from at least 25 years of age to at least 22 years of age. - Amends TCA Title 49, Chapter 4, Part 9. Fiscal Summary for HB3341 / *SB3193Other Fiscal Impact - Increases the expenditure of lottery proceeds earmarked for scholarships and grants by $1,072,000 in FY08-09 and by $1,092,000 in FY09-10. Bill Summary for HB3341 / *SB3193 Under present law, a student who is at least 25 years of age and enters an eligible postsecondary institution as an entering freshman after July 1, 2005, may qualify for a HOPE scholarship, if the student attains a GPA of 2.75 after attempting 24 semester hours without lottery funded financial aid, or a 3.0 at any point when eligibility is checked, and meets other [...]

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