Bill > HB0408

This bill makes several key changes to Tennessee's education and higher education governance. It restructures the Tennessee Student Assistance Corporation (TSAC) by transferring its governance from a separate board to the Tennessee Higher Education Commission (THEC) effective July 1, 2025, allowing THEC to directly manage and administer student assistance programs. The bill modifies the composition of the higher education review committee to include additional members like the president of the Tennessee Independent Colleges and Universities Association, who will participate specifically in developing the higher education master plan and state financial aid discussions. Additionally, the bill terminates two educational loan programs - the Tennessee Teaching Scholars Program and the Minority Teaching Fellows Program - as of July 1, 2025, though TSAC will continue to administer existing outstanding loans. The bill also makes a technical correction to a statutory reference in Section 49-4-943(a), changing a reference from one section number to another. The changes aim to streamline educational program administration and governance, with all provisions set to take effect on July 1, 2025.

Education

https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB0408&ga=114