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University of Tennessee

Tennessee Pledge Scholarship

For Tennessee residents with family incomes below 200% of the poverty level, or approximately $40,000, the program covers tuition & fees, and room & board with grant aid. Work, loans, EFC, or other support are required to cover books & supplies and transportation & personal expenses.
For Tennessee residents with family incomes below 200% of the poverty level, or approximately $40,000. . .   2009-10 Estimated Student Budget
  After the family covers books & supplies, the program covers these expenses
Tuition & Fees $6,850
Books & Supplies $1,366
Room & Board $7,254

  Work, loans, EFC, or other support are required to cover these costs
Transportation & Personal Expenses $5,310
Total Expenses:     $20,780   

About the Financial Aid Pledge (2009-10):

Who qualifies for the pledge (in addition to common requirements)?
Tennessee residents with adjusted gross family incomes up to $40,000, which is approximately 200% of the poverty level.

How is EFC determined and used?
Federal Methodology. No standard expected student contribution from summer earnings or savings.

How much academic year work and/or need-based loans are included?
Work, loans, or other support are required to cover transportation & personal expenses.

Does the offer account for the full student budget?
No, transportation & personal expenses are not included.

How are outside scholarships handled?
Outside scholarships reduce loans first, work-study second, and state aid last.

Are there other important restrictions?
The pledge is limited to four years of enrollment for most students, and recipients must matriculate immediately following their high school graduation.

For more information:
Tennessee Pledge Scholarship

About the Institution (2007-08):

    Location: Knoxville, TN
    Type: Public 4-year
    Undergraduate enrollment: 23,603
    Pell Grant recipients (a measure of low-income enrollment): N/A%
    Proportion of graduating seniors with student debt: 51%
    Average debt: $24,690

Glossary

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