Chattanooga Yes Grant
In addition to the University's other scholarship programs, the University provides the Chattanooga Yes Grant to students with high financial need, as defined by the FAFSA, who are residents of Tennessee and who are first-time freshmen. The University awards these grants on a first come first serve basis. The grant award reflects the applicant's EFC, high school GPA, and ACT or SAT composite score.
The grant award is $3,000 per year, to which students may add the $3,800 to $4,800 of Tennessee Lottery Scholarship funds. Scholarships are renewed for up to four years based on the student's academic performance. Approximately 200 awards are available each year. Recipients are determined by the UTC Scholarships Committee. The application deadline is April 1.
Tennessee Education Lottery Scholarships (TELS)
Tennessee residents who graduated from a Tennessee high school in 2003 or after may qualify for the Tennessee Education Lottery Scholarships (TELS) or the HOPE Scholarship. Students must have graduated from high school with a 3.0 unweighted overall GPA out of a possible 4.0, or scored at least a 21 ACT (980 SAT) completing required college core courses. These funds are administered by the Tennessee Student Assistance Corporation (TSAC), and awards generally range from $3,800 to $5,300 per year.
The application form for Lottery Scholarship funds is the FAFSA. The TSAC deadline for application is May 1. The University of Tennessee at Chattanooga must be listed first on the FAFSA to receive the student's eligibility for the Lottery Scholarship. In the event UTC was not listed first, the student must notify TSAC to change the school of choice.
Adult students, over the age of 25, who have never been enrolled in college may also be eligible for these funds. All students who believe they are eligible should check with the Financial Aid Office to receive the most up to date information as these scholarships are subject to annual changes by the State legislature.
Refund Process-Return of Title IV Funds
Students who receive Federal Title IV assistance will be subject to a refund calculation return if they withdraw from all classes. Students who withdraw during the first 60 percent of the term will have a refund calculated under the Return of Title IV Funds Refund Policy. The percentage of the refund will equal the percentage remaining in the term at the time that the student withdraws. All refunds caused by a student withdrawing from classes will be returned to the appropriate financial aid account(s) or lender in the case of student loans. Refunds will be credited/returned within 45 days to the appropriate student financial aid program(s) in the order listed:
1. Unsubsidized Federal Stafford Loan
2. Subsidized Federal Stafford Loan
3. Federal Perkins Loan
4. Federal Plus Loan
5. Federal Pell Grant
6. Federal Academic Competitiveness Grant or SMART
8. Other Student Financial Aid Programs
9. Other Federal, State, private, or institutional sources of aid
Note: UTC reserves the right to bill the student for any return of Title IV refund amount that exceeds the University's published institutional refund policy.
Students who receive Federal student financial assistance funds in excess of what is owed to the University (e.g. maintenance, tuition, room) may be required to repay funds to certain Title IV programs:
1. Federal Pell Grant
2. Federal Academic Competitiveness Grant or SMART
4. Other Student Financial Aid Programs
5. Other Federal, State, private, or institutional sources of aid
General Refund Information
Students who stop attending classes prior to the completion of the term should carefully read the information on unofficial withdrawals. All refund/repayment calculations are completed within 45 days of the official withdrawal date, and all funds are returned to the appropriate programs. Students must present their official withdrawal/drop forms in person to the Financial Aid Office to commence the withdrawal process. In the event this is not plausible, the student must communicate the circumstances surrounding the inability to present the required form. Failure to withdraw officially will result in the University applying its own administrative procedures for determining the unofficial withdrawal date.
The University of Tennessee at Chattanooga scholarship program for new and currently enrolled students is made possible through funds provided by the University, outside foundations, estates, private businesses, civic groups, individuals, and alumni.
Most scholarships are awarded to students who demonstrate strong academic achievement and proven need for financial assistance. There are, however, many scholarships based solely on academic achievement. Unless otherwise stated, to compete for any scholarship, a student currently enrolled at UTC or a transfer student must submit a UTC Application for Scholarship. First-time freshmen may apply via the Application for Undergraduate Admissions and Academic Scholarships.
The Financial Aid Office must receive the UTC Application for Scholarship by March 1.
University Honors Program Scholars
Each year 30 to 40 outstanding freshmen entering the University Honors Program are selected to receive four-year scholarships covering the cost of tuition, fees, books and a large portion of campus housing. The selection of these scholars, based on their strengths in academics, service, and leadership, is made by the faculty and staff of the University Honors Program. Applicants must file both a regular application for admission to the University and a special application for admission to the UHON Program by December 15 of the applicant's senior year in high school.