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. TENNESSEE PROMISE SCHOLARSHIP PROGRAM CHAPTER 1640-01-26