Plain English Breakdown
The official source material does not provide details about the impact of the report on understanding the effectiveness of the scholarship program.
Higher Education Scholarship Reporting Act
This bill requires the Tennessee Student Assistance Corporation to submit an annual report about scholarship awards and applications by July 31 each year.
What This Bill Does
- Requires the Tennessee Student Assistance Corporation to send a yearly report by July 31st.
- The report must include details for each of the five most recent academic years, such as how much money was given for scholarships, how many people applied, how many got scholarships, and the average amount awarded.
Who It Names or Affects
- The Tennessee Student Assistance Corporation
- Lawmakers who are part of committees that deal with higher education
Terms To Know
- Tennessee Student Assistance Corporation
- A group in Tennessee that gives out scholarships to help students pay for college.
Limits and Unknowns
- The bill does not specify the consequences if the report is not submitted on time.
- It's unclear how this new reporting requirement might influence future scholarship programs or funding decisions.