T ENNESSEE S TUDENT A SSISTANCE C ORPORATION TSAC Update

T ENNESSEE S TUDENT A SSISTANCE C ORPORATION TN Promise Checklist  Apply to the Tennessee Promise program at by November 1, 2014  Complete FAFSA at by February 15, 2015  Attend first mandatory meeting coordinated by a partnering organization by March 1, 2015  Attend second mandatory meeting coordinated by a partnering organization by May 31, 2015  Complete 8 hours of community service post high school graduation but prior to fall enrollment

T ENNESSEE S TUDENT A SSISTANCE C ORPORATION TN Promise ExamplesABC Tuition/Fees$4,000 Gift Aid-$5,730-$3,000$0 Gap$0$1,000$4,000 TN Promise$0$1,000$4,000 Tuition/Fees$0

T ENNESSEE S TUDENT A SSISTANCE C ORPORATION 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

T ENNESSEE S TUDENT A SSISTANCE C ORPORATION 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

T ENNESSEE S TUDENT A SSISTANCE C ORPORATION State Aid Hope 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 EFC FAFSA January *All courses calculated on a 4.0 scale per the Uniform Grading Policy

T ENNESSEE S TUDENT A SSISTANCE C ORPORATION Federal Aid Pell $602 - $5,730 0 – 5157 EFC Need based FSEOG $100 - $4,000 Exceptional financial need Work Study Amount Varies Typically paid to student

T ENNESSEE S TUDENT A SSISTANCE C ORPORATION Federal Aid Subsidized Stafford 4.66% fixed Interest does not accrue Unsubsidized Stafford 4.66% fixed Interest does accrue Parent PLUS 7.21% fixed Interest does accrue

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T ENNESSEE S TUDENT A SSISTANCE C ORPORATION HOPE Renewal 2.75 cumulative GPA 24 attempted hour benchmark 2.75 cumulative GPA 48 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