SB3414 - Tennessee: Lottery, Scholarships And Programs

Companion Bill HB3139. Lottery, Scholarships and Programs - Counts semester hours attempted under a dual enrollment grant for purposes of determining continuing eligibility for and length of time of receipt of a Tennessee HOPE scholarship, if such semester hours are accepted for credit by the eligible postsecondary institution in which the student enrolls after receiving a Tennessee HOPE scholarship. - Fiscal Summary for SB3414 / *HB3139Other Fiscal Impact - Decreases the expenditure of lottery proceeds earmarked for scholarships and grants by $1,208,000 in FY08-09 and by $1,858,000 in FY09-10. Bill Summary for SB3414 / *HB3139 The present law lottery-funded financial aid provisions provide for dual enrollment grants. A "dual enrollment grant" is a grant for study at an eligible postsecondary institution that is funded from net proceeds of [...]

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