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TSAC also administers other state and federal student assistance programs, including the popular HOPE Scholarship program. The HOPE Scholarship is a lottery-funded merit-based award. Tennessee high school graduates qualify for this $4,000/year award by graduating from high school with a 3.0 GPA or an ACT test score of 21. The award is renewable ...
This program began as a component of Governor Bill Haslam's "Drive to 55" initiative, which set the statewide goal of 55% of Tennesseans possessing a college degree or certificate by 2025. [2] Tennessee (TN) Promise recipients are able to use their scholarship at any of Tennessee's 13 community colleges and 27 colleges of applied technology. [1]
The Davis United World College Scholars Program is the world’s largest privately funded international scholarship program. [1] [2] It awards need-based scholarship funding, aka the Shelby Davis Scholarship, to graduates of schools and colleges in the United World Colleges (UWC) movement to study at 106 select partner universities in the United States.
The Tennessee state legislature has approved a state budget that includes $144 million to create a statewide school voucher program, which is no longer on the table for implementation this year.
In the U.S., a grant is given on the basis of economic need, determined by the amount to which the college's Cost of Attendance (COA) [6] [7] exceeds the Expected Family Contribution (EFC), [8] calculated by the U.S. Department of Education from information submitted on the Free Application for Federal Student Aid following formulas set by the United States Congress.
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