Tennessee Code 49-4-922 – Financial assistance reduction
Current as of: 2023 | Check for updates
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Terms Used In Tennessee Code 49-4-922
- Eligible postsecondary institution: means an eligible independent postsecondary institution or an eligible public postsecondary institution. See Tennessee Code 49-4-902
- General assembly merit scholarship: consists of two (2) parts, a Tennessee HOPE scholarship and a general assembly merit scholar supplemental award. See Tennessee Code 49-4-902
- Scholarship: means a Tennessee HOPE scholarship or a Tennessee HOPE access grant. See Tennessee Code 49-4-902
- Tennessee HOPE access grant: means a grant 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 to freshman students meeting the requirements of §. See Tennessee Code 49-4-902
- Wilder-Naifeh technical skills grant: means a grant for coursework in an eligible program of study at a Tennessee college of applied technology operated by the board of regents of the state university and community college system that is funded from net proceeds of the state lottery and awarded under this part. See Tennessee Code 49-4-902
If the sum of all financial aid, including a Tennessee HOPE scholarship, a Tennessee HOPE access grant, a general assembly merit scholarship, an ASPIRE award, under § 49-4-915 or a Wilder-Naifeh technical skills grant, for which a student qualifies exceeds the institutionally defined total cost of education at the eligible postsecondary institution the scholarship or grant recipient is attending, then the student’s financial assistance provided shall be reduced so that the financial aid actually received by the student does not exceed the institutionally defined total cost of education.