SB3571 - Tennessee: Lottery, Scholarships And Programs

Companion Bill HB2738. Lottery, Scholarships and Programs - Permits Tennessee HOPE scholarship recipient to maintain academic eligibility by maintaining good standing at the eligible postsecondary institution in which the student is enrolled; changes initial eligibility requirements for certain students to conform to the change in the continuing eligibility requirement. - Amends TCA Title 49, Chapter 4, Part 9. Fiscal Summary for SB3571 / *HB2738 Other Fiscal Impact - Increases the expenditure of lottery proceeds earmarked for scholarships and grants by $27,170,600 in FY08-09 and by $54,828,600 in FY09-10. Bill Summary for SB3571 / *HB2738 Under present law, to receive or continue to receive lottery-funded financial aid, a student must achieve a specified grade point average, which differs based on the award granted. This bill deletes the [...]

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