Amends TCA Title 4; Title 49, Chapter 4 and Title 49, Chapter 7.

Tennessee SB1312 amends the governance and operational structure of the Tennessee Student Assistance Corporation (TSAC) by placing it under the Tennessee Higher Education Commission and terminating its current board of directors by July 1, 2025. The bill also modifies provisions related to the Tennessee Promise Scholarship by removing references to Tennessee colleges of applied technology, revises eligibility criteria for the Wilder-Naifeh technical skills grant to include registered apprenticeships and occupational licensure, and renames the grant to the TennesseeWORKS scholarship, while eliminating the Wilder-Naifeh reconnect grant. These changes affect student assistance programs and the administration of financial aid in Tennessee.