Tennessee HOPE Scholarship

The Tennessee HOPE Scholarship is a lottery-funded merit award for Tennessee residents who graduate from an eligible Tennessee high school and enroll at an eligible public or private college in the state within 16 months. Students qualify with either a 21 ACT or 1060 SAT, or an overall high school GPA of 3.0; home school and GED students qualify through the ACT. At four-year schools and two-year schools with on-campus housing, the award is up to $2,250 per full-time semester for freshmen and sophomores and up to $2,850 for juniors and seniors. At other two-year schools it is up to $1,600 per semester. Summer terms can also be funded. To renew, students need a 2.75 cumulative GPA after 24 and 48 attempted hours and a 3.0 at 72 hours and every 24 hours after, with a limited semester-by-semester option between 2.75 and 2.99. Students must refile the FAFSA yearly, stay continuously enrolled and keep satisfactory progress. Eligibility ends five years after first enrollment.