College Aid Facing Cuts, Tough Rules

Summary

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NASHVILLE - State policymakers are examining a plan that would cut in half the $4,000-per-year Hope Scholarship at four-year colleges for students who achieve only one of the program's two eligibility criteria .

Currently, high school graduates who make either 21 on the ACT college entrance exam or have a 3.0 high school GPA qualify for the base $4,000 annual scholarship at four-year institutions in Tennessee or $2,000 at two-year schools.

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College Aid Facing Cuts, Tough Rules

But a state Senate task force examining how to close an $18 million annual deficit in the scholarship program was presented with a new policy option Wednesday that would require students to achie...

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