Tenn. Comp. R. & Regs. 1640-01-24-.07

Current through October 22, 2024

Section 1640-01-24-.07 - REDUCTION OF AWARD

If the sum of all financial aid, including a Tennessee STEP UP scholarship, for which a student qualifies exceeds the institutionally defined total cost of education at the eligible postsecondary institution the scholarship recipient is attending, then the student's Tennessee STEP UP scholarship shall be reduced so that the financial aid actually received by the student does not exceed the institutionally defined cost of education.

Tenn. Comp. R. & Regs. 1640-01-24-.07

Original rule filed December 27, 2013; effective 5/31/2014.

Authority: T.C.A. §§ 49-4-201 and 49-4-204.