The Tennessee Hope Scholarships have helped thousands of students afford a college education. These awards are provided through the state government and support students who are TN residents. There are several different scholarship amounts available, which may depend on whether the applicant intends to enroll in a two-year or four-year program.
In order to be considered for this scholarship, students must meet a number of different eligibility criteria. First of all, only applicants who have graduated from a high school that is located within TN is eligible to be considered. In addition, the applicant must plan to attend a university or college that is located within the state of TN. Students can attend either a public or private institution, provided that it is an in-state school. All applicants are required to complete the FAFSA prior to September 1st. Students are required to have scored at least a 21 on their ACT exam and hold a minimum grade point average of 3.0. In addition, students must have resided in TN for at least a year before applying to the award. Full details about the eligibility requirements can be found at this website.
The TN Hope Scholarships are renewable provided that students maintain eligibility. In order to be eligible to renew these awards, students must hold at least a 2.75 grade point average after they have reached the 24 and 48 hour milestones?
The exact amount of the scholarship varies, depending on the type of institution that the student plans to attend. For example, students who are in their first two years of study at a two-year college can earn up to $1,500 to defray the cost of their tuition. Students who plan to attend a four-year institution (or a two-year institution where they live on-campus) have a slightly different fee structure. For these students, during the first two years of the program an award of up to $1,750 is available. During the last two years of their program, the maximum award increases to $2,250. This amount only reflects what is available for students who intend to enroll on a full-time basis.
The funding for the HOPE Scholarship will stop under certain conditions. The first is if the applicant has reach the five-year maximum enrollment time. Secondly, once a student achieves their bachelor’s degree, they are no longer eligible for funding under this mechanism. Additionally, students who have reached the 120 credit hours are also not eligible for additional funding. Full details can be found here.
There is also a HOPE Scholarships for nontraditional students. Information about this award can be found at this website. In general, students who are residents of TN and who have not been enrolled for at least two years are eligible for consideration. In order to meet the nontraditional requirement, all applicants must be at least 25 years of age or older. In addition, the student must come from a home where the income is less than $36,000 per year.