Tn Hope Scholarship Renewal Requirements For 2023
What is the TN Hope Scholarship?
The Tennessee Hope Scholarship is a state-funded student financial aid program designed to help make college more affordable for Tennessee residents. The scholarship provides tuition assistance to eligible students enrolled in a Tennessee higher education institution. The scholarship is awarded to students who demonstrate financial need and have a minimum grade point average of 3.0. The program is administered by the Tennessee Higher Education Commission (THEC).
Who is Eligible for the TN Hope Scholarship?
To be eligible for the TN Hope Scholarship, the student must be a Tennessee resident and a U.S. citizen or eligible non-citizen. The student must also meet the academic requirements, which include a minimum grade point average of 3.0 and a score of 19 or higher on the ACT or 980 or higher on the SAT. The student must also demonstrate financial need by completing the Free Application for Federal Student Aid (FAFSA).
How Much Money Can I Receive?
The amount of money a student can receive from the TN Hope Scholarship depends on their academic performance and financial need. For example, students with a grade point average of 3.0 or higher can receive up to $3,000 per year. Students with a grade point average of 3.5 or higher can receive up to $5,000 per year. Students with a grade point average of 4.0 or higher can receive up to $6,000 per year. The maximum amount of money a student can receive from the TN Hope Scholarship over the course of four years is $24,000.
What Are the Renewal Requirements?
In order to renew the TN Hope Scholarship, the student must maintain a grade point average of at least 2.75 for two-year programs, or 3.0 for four-year programs. The student must also complete at least 24 credit hours each academic year and complete the FAFSA each year. The student must also remain enrolled full-time and maintain satisfactory academic progress as defined by the school.
What Other Requirements Must I Meet?
In addition to the renewal requirements, the student must also meet certain conduct requirements. The student must not engage in any criminal activity or any activity that would be considered a violation of the school’s code of conduct. The student must also not be in default on any student loan or owe a refund on any state or federal financial aid program.
What Happens if I Don’t Meet the Renewal Requirements?
If the student does not meet the renewal requirements, they may not be eligible to receive the TN Hope Scholarship. If the student is not eligible, they will be required to repay any funds they have received from the TN Hope Scholarship program. The student may also be required to pay interest and fees on any funds that are not repaid.
What Else Should I Know?
The TN Hope Scholarship is a great way to help cover the cost of college tuition. However, it is important to remember that the TN Hope Scholarship is not a substitute for other forms of student financial aid, such as grants and loans. The TN Hope Scholarship may not cover the entire cost of tuition, so it is important to explore all available forms of student financial aid.
Where Can I Learn More?
For more information about the TN Hope Scholarship, visit the THEC website at www.tn.gov/thec. The website provides detailed information about eligibility requirements, renewal requirements, and other important information about the TN Hope Scholarship program.
Conclusion
The TN Hope Scholarship is an excellent way to help make college more affordable for Tennessee residents. The program provides tuition assistance to eligible students and is an important part of a comprehensive college planning strategy. It is important to understand the eligibility requirements and renewal requirements in order to ensure that you remain eligible for the TN Hope Scholarship.
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