Haslam Signs TSAC Bill Establishing Need-Based Grants

Thursday, July 11, 2013

Governor Bill Haslam on Thursday formally signed bill SB0194/HB0188 establishing an endowment of at least $35 million through the Tennessee Student Assistance Corporation (TSAC) to provide need-based grants for students at the state’s two-year public community colleges.

“For us to attract and grow Tennessee jobs today and in the future, we have to do a better job of building a skilled workforce, which means removing barriers that stand in the way of Tennesseans furthering their education,” Governor Haslam said during the ceremonial bill signing at Chattanooga State Community College.  “These scholarships will help students afford college who might not otherwise be able to attend.”

This bill, which was part of the governor’s legislative agenda this year, is a component of his “Drive to 55” initiative to increase the number of Tennesseans with at least a two-year college degree or certificate.  Today, 32 percent of Tennesseans have a two-year degree or higher, and his goal is to raise that to number to 55 percent by 2025.

A portion of Tennessee’s operating fund for administering the Federal Family Education Loan Program (FFELP) is being used to establish the endowment.  TSAC will work with the Tennessee Department of Treasury to set the best investment option for the endowment, and grant payments will be made directly to the community college on behalf of grant recipients.

Financial need will be calculated based on a variety of factors including: household income; assets; and family size.  These grants will be available to eligible students attending Tennessee’s public community colleges.

TSAC will regularly perform audit reviews to ensure program compliance.


Lu And Liu Take First Place In Lee’s Piano Competition

Yun Lu and Vincent Liu took first place in the 12th annual Lee University piano competitions for the collegiate and pre-collegiate divisions, respectively. The award ceremony concluded the International Piano Festival and Competition held June 12-18.  For the pre-collegiate division, second place was awarded to Jonathan Reichenberger, with third place going to Eriko Darcy ... (click for more)

Georgia Northwestern's GED Center To Hold Orientation

Georgia Northwestern Technical College’s (GNTC) GED Center is holding an orientation for the public on  June 28 and July 12 at 2 p.m.  Visitors will learn what to expect if you choose to enroll in the college’s GED preparatory classes at the college’s Chattooga County location. These free sessions will be held at the Summerville Adult Education Center at 152 Senior ... (click for more)

Fire Destroys Highway 58 BBQ

A fire destroyed a barbeque restaurant on Highway 58 on Friday afternoon.   Chattanooga firefighters were dispatched to the Highway 58 BBQ around 6 p.m. The business is located at 4921 Highway 58. Though the business was housed in a small building, the flames and smoke could be seen from a long distance away.  Captain Teri Rose with Quint 6 said the ... (click for more)

2nd Independent Candidate May Be On Walker County Ballot

A second Independent candidate may be on the ballot for sole commissioner of Walker County in the election on Nov. 8. Perry D. Lamb, Jr. has been working toward collecting the necessary 1,640 signatures of registered voters on a petition. His campaign said he is close to the goal. Incumbent Bebe Heiskell is running an an Independent. Election officials said since she was ... (click for more)

Save Coolidge Park - And Response (2)

Last Monday morning while at work a good friend messaged me concerning a matter that I had not heard anything about dealing with Coolidge Park and its future. Apparently that night the City Council was to read an ordinance that would allow the mayor to start negotiations with the relocation of the Medal of Honor Museum. This ordinance would enable the city to lease approximately ... (click for more)

Roy Exum: Looking For A Wife

Coeur d'Alene, Idaho, is a really cool place. I tried to buy a huge mounted buffalo head in an antique store there one time until I found out the shipping charges were four times what the head was worth. But suddenly my rapt attention is riveted on Coeur d'Alene again because a dazzling social experiment is taking place this very moment at a plush resort in north Idaho. Several ... (click for more)