Tenn. Comp. R. & Regs. 1640-01-26-.02 - SCHOLARSHIP AWARD AMOUNTS AND CLASSIFICATIONS
(1)
The Tennessee Promise Scholarship program is intended to provide financial
assistance to offset tuition and mandatory fees associated with pursuing
postsecondary education after other gift aid has been credited to tuition and
mandatory fees.
(2) Award amounts
for the program shall be determined in accordance with T.C.A. §
49-4-708
and shall be set in the General Appropriations Act.
(3) In the event that funds are insufficient
to fully fund the Tennessee Promise Scholarship program, TSAC may reduce the
award amount in accordance with these rules.
(4) To receive a Tennessee Promise
Scholarship award, a student must be enrolled and attending full-time except in
the following circumstances, which shall not count toward the five (5) semester
limit established by T.C.A. §
49-4-708:
(a) The semester of graduation, if full-time
enrollment is not required to complete the student's eligible program of
study;
(b) When the student
receives an approved leave of absence from full-time enrollment;
(c) In any semester in which the eligible
postsecondary institution does not offer at least twelve (12) semester hours of
coursework applicable to the student's eligible program of study;
(d) If the student's eligible program of
study requires less than full-time enrollment for a semester; or
(e) A summer semester.
(5) Except for approved medical or personal
leaves of absence, award recipients must maintain continuous enrollment and the
required cumulative grade point average or satisfactory academic progress at an
eligible postsecondary institution as provided in Tenn. Comp. R. & Regs.
1640-01-26-.04.
(6) All tuition
waivers and discounts for which a student or parent qualifies shall first be
deducted from the student's tuition and mandatory fees before gift aid is
credited.
(7) Gift aid from sources
other than the Tennessee Promise Scholarship shall be credited first to tuition
and mandatory fees to reduce the student's Tennessee Promise Scholarship award.
If other gift aid exceeds tuition and mandatory fees then the student shall not
be eligible for the Tennessee Promise Scholarship award but shall remain
eligible for all other services available through the Tennessee Promise
Scholarship program, provided the student maintains all academic and
nonacademic requirements.
(8) The
receipt of a Tennessee Promise Scholarship is contingent upon admission to and
enrollment in an eligible postsecondary institution. Qualifying for the
Tennessee Promise Scholarship does not guarantee admission to an eligible
postsecondary institution.
Notes
Authority: T.C.A. §§ 49-4-201, 49-4-204, and 49-4-708.
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