1. (1) An eligible postsecondary institution must be located in Tennessee and be accredited by the Southern Association of Colleges and Schools Commission on Colleges to award academic associate or baccalaureate degrees.
2. (2) The eligible postsecondary institution that the recipient attends must match the endowment portion of the scholarship award on a dollar-for-dollar basis. The portion of the scholarship matched by the eligible postsecondary institution must not include a work or service requirement.

Authority: T.C.A. §§ 49-4-201, 49-4-203, and 49-4-204. Administrative History: Original rule filed April 10, 1986; effective July 14, 1986. Amendments filed February 13, 2017; effective May 14, 2017. Rule was previously numbered 1640-01-09-.03 but was renumbered 1640-01-09-.04 with the introduction of new rule 1640-01-09-.02 filed April 21, 2023; effective July 20, 2023. Amendments filed April 21, 2023; effective July 20, 2023.