HB3997 - Tennessee - Lottery, Scholarships And Programs

Companion Bill SB3869. Lottery, Scholarships and Programs - Permits students to receive Tennessee HOPE scholarships until student receives a baccalaureate degree or the student has attended any postsecondary institution five full-time equivalent years, whichever occurs first. - Amends TCA Title 49, Chapter 4, Part 9. Fiscal Summary for HB3997 / *SB3869Other Fiscal Impact - Increases the expenditure of lottery proceeds earmarked for scholarships and grant by $2,400,000 per year. Bill Summary for HB3997 / *SB3869 Under present law, a HOPE scholarship recipient may continue to receive the award until the first of the following events: (1) The student has earned a baccalaureate degree; (2) The student has attempted at any postsecondary institution a total of 120 semester hours or, if the student is enrolled in an undergraduate [...]

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