Amends TCA Title 49.

This bill revises the present law provisions governing dual enrollment grants, as discussed below. Present law provides that: (1) A student who is eligible to receive a dual enrollment grant is eligible to receive such grant for no more than 10 courses, subject to the amounts appropriated by the general assembly and any law relating to a shortfall in funds available for postsecondary financial assistance from the net proceeds of the state lottery; and (2) The board of directors of Tennessee student assistance corporation (TSAC) must determine the award for a credit hour taken under a dual enrollment grant and may not award an amount for a credit hour taken under a dual enrollment grant that exceeds the cost per credit hour of courses taken at community colleges in the state university and community college system. This bill rewrites the provisions in item (2) above and instead provides the following: (1) For the first four courses taken under a dual enrollment grant, the award will be the cost of in-state tuition and mandatory fees established annually for community colleges or Tennessee colleges of applied technology in the state university and community college system if the courses are taken at a community college or a Tennessee college of applied technology; (2) For the first four courses taken under a dual enrollment grant at an eligible public four-year postsecondary institution of an eligible independent postsecondary institution, the maximum award must not exceed the cost per credit or clock hour equivalent of courses taken at community colleges or Tennessee colleges of applied technology in the state university and community college system; and (3) For courses five through 10 taken under a dual enrollment grant, TSAC's board of directors must determine the award per credit hour or clock hour equivalent; and (4) TSAC may not award an amount for a credit hour or clock hour equivalent taken under dual enrollment grant that exceeds the cost per credit hour or clock hour equivalent of courses taken at community colleges or Tennessee colleges of applied technology in the state university and community college system. ON MAY 3, 2021, THE HOUSE ADOPTED AMENDMENT #1 AND PASSED HOUSE BILL 752, AS AMENDED. AMENDMENT #1 corrects a typographical error to clarify that, for the first four courses taken under a dual enrollment grant at an eligible public four-year postsecondary institution "or" an eligible independent postsecondary institution, the maximum award must not exceed the cost per credit or clock hour equivalent of courses taken at community colleges or Tennessee colleges of applied technology in the state university and community college system. This amendment changes this bill's effective date from "upon becoming a law" to January 1, 2022.