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TENNESSEE STUDENT ASSISTANCE CORPORATION
TSAC Update
TENNESSEE STUDENT ASSISTANCE CORPORATION
TN Promise ChecklistApply to the Tennessee Promise program at
www.TNPromise.gov by November 1, 2014Complete 2015-16 FAFSA at www.FAFSA.gov by
February 15, 2015Attend first mandatory meeting coordinated by a
partnering organization by March 1, 2015Attend second mandatory meeting coordinated
by a partnering organization by May 31, 2015Complete 8 hours of community service post high
school graduation but prior to fall enrollment
TENNESSEE STUDENT ASSISTANCE CORPORATION
TN PromiseExamples A B CTuition/Fees $4,000 $4,000 $4,000Gift Aid -$5,730 -$3,000 $0Gap $0 $1,000 $4,000
TN Promise $0 $1,000 $4,000Tuition/Fees $0 $0 $0
TENNESSEE STUDENT ASSISTANCE CORPORATION
State Aid (2-yr)Hope
Scholarship
$1,500 per semester
21 ACT or 980 SAT or 3.0 GPA*
GAMS
$500 per semester
29 ACT or 1280 SAT & 3.75 GPA*
Aspire Award
$250 per semester
Parents AGI <=$36,000
*All courses calculated on a 4.0 scale per the Uniform Grading Policy
TENNESSEE STUDENT ASSISTANCE CORPORATION
State Aid (4-yr)Hope
Scholarship
$1,750/sem then
$2,250/sem
21 ACT or 980 SAT or 3.0 GPA*
GAMS
$500 per semester
29 ACT or 1280 SAT & 3.75 GPA*
Aspire Award
$750 per semester
Parents AGI <=$36,000
*All courses calculated on a 4.0 scale per the Uniform Grading Policy
TENNESSEE STUDENT ASSISTANCE CORPORATION
State AidHope
Access
$875 or $1,250 per semester
18 ACT & 2.75 GPA* & Parent AGI <=$36,000
Wilder- Naifeh
$2,000
Certificate/Diploma TCAT
TSAA
$1,000 – $4,000
0 EFCFAFSA January
*All courses calculated on a 4.0 scale per the Uniform Grading Policy
TENNESSEE STUDENT ASSISTANCE CORPORATION
Federal AidPell
$602 - $5,730
0 – 5157 EFCNeed based
FSEOG
$100 - $4,000
Exceptional financial
need
Work Study
Amount Varies
Typically paid to student
TENNESSEE STUDENT ASSISTANCE CORPORATION
Federal AidSubsidized
Stafford
4.66% fixed
Interest does not accrue
Unsubsidized Stafford
4.66% fixed
Interest does accrue
Parent PLUS
7.21% fixed
Interest does accrue
TENNESSEE STUDENT ASSISTANCE CORPORATION
Social MediaLike us on Facebook at:
Tennessee Student Assistance Corporation
Follow us on Twitter:@TNFinancialAid
Check out our website at:www.TN.gov/collegepays
TENNESSEE STUDENT ASSISTANCE CORPORATION
HOPE Renewal• 2.75 cumulative GPA24 attempted
hour benchmark
• 2.75 cumulative GPA48 attempted hour benchmark
• 3.0 cumulative GPA or• 2.75 – 2.99 cumulative GPA & 3.0 semester GPA
72 attempted hour benchmark
• 3.0 cumulative GPA or• 2.75 – 2.99 cumulative GPA & 3.0 semester GPA
96 attempted hour benchmark
