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TN HB0148
Bill
Status
1/14/2025
Primary Sponsor
Mark White
Click for details
AI Summary
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Converts the Tennessee Promise completion grant program from a four-year pilot to a permanent program by removing "pilot" designations from existing law
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Creates the "Tennessee Promise completion grant special account" in the state treasury, with unexpended balances and investment interest carried forward rather than reverting to the general fund
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Prohibits use of state lottery proceeds for completion grants; allows funding from the special account and unexpended balances of the qualified work-based learning grant fund
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Caps completion grants from the work-based learning grant fund at $250,000 per fiscal year, with a minimum $250,000 balance required on July 1 of each year
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Beginning fiscal year 2025-2026, requires each college coaching initiative student to be assigned a coach and provides Pell grant-eligible students access to completion grants of up to $1,000 per semester
Legislative Description
AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 49; Title 49, Chapter 4 and Title 49, Chapter 7, relative to Tennessee Promise scholarship students.
Tennessee Higher Education Commission
Last Action
Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2025
4/9/2025