Tennessee Hope Scholarship - College Money For Undergrad Studies

The Tennessee Hope Scholarship or Tennesseeboth the GAMS and the Aspire Award.
Education Lottery Program provides students with theIn order to receive continuous funding, you must enroll
opportunity to receive educational support from thein the fall and spring semesters and maintain the
state. In an effort for the state's numbers of studentsrequired academic performance. It used to be that at
attending college to increase, they've enacted thisthe end of the semesters of which have completed
lottery award program.24, 48, 72, 96, and 120 hours of coursework, your
To be eligible for this program, you have to have beenqualifications would be reviewed. Your GPA will have
a resident of the state for at least one year prior toto be at least 2.75 after the first 24 semester hours
the start of college. There are exceptions if you arethat you attempt, and maintain a 3.0 after 48 to 120
the child of military, active duty National Guard, orhours completed.
religious worker as long as you maintain a TennesseeThe award would terminate after 120 hours of
residence. The award is in the amount $2,000 for twoattempted course hours, after five years, of if you
year colleges and $4,000 for four year colleges. Therecomplete a degree, whichever came first. Because of
are basic academic requirements that must be met bythis law, many students lost their awards because
entering freshmen to be eligible for this grant. Youthey attempted over the maximum required hours.
need to have at least 21 on the ACT, 980 SAT and aNow those students can have their funding reinstated
3.0 GPA.if they were still enrolled at an approved institution,
There are also supplemental awards you can receivehave not received a degree, and met all the academic
in conjunction, like the General Assembly Merit (GAMS)and nonacademic obligations. Although you can reapply
award. This award totals $1,000 for students with afor the Tennessee Hope Scholarship, you are not able
score of at least 29 ACT, 1280 SAT and 3.75 GPA.to receive retroactive award money for the time you
Another supplemental award is the Aspire Award,lost the grant.
which totals $1,500 and requires that your parents' (orThis is a good opportunity for undergrad studies and
yours if you are independent) gross income no moreworth pursuing.
than $36,000 during a tax year. You cannot receive