(a) Subject to the amounts appropriated by the general assembly and any provision of law relating to a shortfall in funds available for postsecondary financial assistance from the net proceeds of the state lottery, the amount of a Tennessee HOPE scholarship and Tennessee HOPE scholarship for nontraditional students awarded to a student attending an eligible four-year postsecondary institution is two thousand two hundred fifty dollars ($2,250) for full-time attendance for each semester. This award amount applies to each entering freshman in the fall term of 2022, and thereafter, and continues through the final semester of the student’s sophomore year. The determination of a student’s status as a freshman or sophomore must be made by the postsecondary institution attended.
Terms Used In Tennessee Code 49-4-914
Entering freshman: means a student entering a postsecondary institution who has not attempted any semester hours at any postsecondary institution after graduating from high school, completing high school in a home school program or obtaining a GED®. See Tennessee Code 49-4-902
Scholarship: means a Tennessee HOPE scholarship or a Tennessee HOPE access grant. See Tennessee Code 49-4-902
Semester: means fall, spring, or summer semester at a postsecondary institution, if the institution is on a semester system, or the equivalent, if the institution is on a system other than a semester system. See Tennessee Code 49-4-902
State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
Tennessee HOPE scholarship: means a scholarship for coursework in an eligible program of study in pursuit of an associate or baccalaureate degree at an eligible postsecondary institution that is funded from net proceeds of the state lottery and awarded under this part. See Tennessee Code 49-4-902
(b) Subject to the amounts appropriated by the general assembly and any provision of law relating to a shortfall in funds available for postsecondary financial assistance from the net proceeds of the state lottery, for a student described in subsection (a) the award amount increases to two thousand eight hundred fifty dollars ($2,850) per semester beginning in the student’s junior year, as determined by the postsecondary institution attended, and must continue until the student is no longer eligible for a Tennessee HOPE scholarship.(c) Subject to the amounts appropriated by the general assembly and any provision of law relating to a shortfall in funds available for postsecondary financial assistance from the net proceeds of the state lottery, a Tennessee HOPE scholarship awarded to a student attending an eligible two-year postsecondary institution is one thousand six hundred dollars ($1,600) for full-time attendance for each semester.(d) The amount of a Tennessee HOPE scholarship awarded to a student attending an eligible two-year postsecondary institution that provides on-campus housing is the same as the amount provided in subsection (a).
