UT plans to create tuition-free program for families making less than $50,000

UT Interim President Randy Boyd gives the State of the University Address at the Nashville Public Library. (Photo credit: University of Tennessee)
Interim University of Tennessee President Randy Boyd is introducing a free tuition program for students from households earning less than $50,000 per year, which is just above federal poverty guidelines for a family of four.
Students must qualify for lottery scholarships to be eligible for the program. The initiative seeks to emulate the popular Tennessee Promise scholarships for community college students, though that program doesn’t set income limits or academic requirements.
Here’s the full release from the University of Tennessee:
NASHVILLE – University of Tennessee Interim President Randy Boyd has announced the creation of “UT Promise,” a financial aid program that will provide free tuition to qualifying Tennessee residents enrolling at University of Tennessee campuses located in Knoxville, Chattanooga and Martin.
The announcement was made at the annual State of UT Address held at the Nashville Public Library.
“It is critically important that we take a lead role in ensuring students can achieve their dream of obtaining an undergraduate college degree,” Boyd said. “It is our mission and responsibility to do everything we can to ease the financial burden for our middle- and working-class families, and UT Promise is an ideal conduit to achieve that.”
UT Promise is a last-dollar scholarship program that will guarantee free tuition and fees for students with a family household income of under $50,000 and after other financial aid is received (such as Pell Grants, HOPE Scholarship, or other institutional scholarships). Students must qualify for the Hope Scholarship and meet the academic qualifications for the institution to be eligible for this new scholarship. To help ensure success, students will be matched with volunteer mentors and will complete four hours of service learning each semester.
UT Promise will welcome its first class in the fall of 2020, and the scholarship program will include those students who were previously enrolled in college when the program begins in 2020. Qualifying Tennessee residents who meet the criteria for UT Promise can transfer from any institution. UT Promise is an expansion of scholarship offerings and does not replace existing scholarships.