Tennessee Tech President Phil Oldham chats with students at a recent Presidential Scholars reception on campus. This fall, Tech welcomed more than 1,000 Presidential Scholars as part of the university’s freshman class.

Tennessee Tech University has announced new increases to its popular Presidential Scholars program, which offers more scholarships to more students – guaranteed. Freshmen coming to Tennessee Tech for fall 2023 will have even more opportunities with the increases recently made to this scholarship program,” said Tech President Phil Oldham. “All students must do is apply by December 15 and meet the GPA and ACT qualifications by January 15. No additional scholarship application is needed for this specific award.”

The new scholarship tiers include: $10,000 annually if the student has a 3.75-plus grade point average (GPA) and a 36 score on the ACT exam; $8,000 annually if the student has a 3.75-plus GPA and 35 score on the ACT exam; $5,000 annually if the student has a 3.75-plus GPA and a 30-34 score on the ACT exam; $4,000 annually if the student has a 3.40-plus GPA and 25-29 score on the ACT exam; and $3,000 annually if the student has a 3.40-plus GPA and 23-24 score on the ACT exam. Once awarded, these Presidential Scholars awards are renewable for up to four years, as long as the student continues to meet the renewal criteria.

Oldham added that this past fall, Tech welcome 1,019 Presidential Scholars as part of the university’s freshman class. Awards for that group totaled more than $3.8 million.

“When you combine the Presidential Scholars awards with the state’s recent increase in the Hope Lottery Scholarship, the cost of attending Tennessee Tech is substantially reduced for these high-achieving students,” said Oldham.

In addition to this new Presidential Scholars program, Tennessee Tech offers supplemental aid to support and recognize students. These scholarships and grants may be awarded to students based upon their academic performance, community service, residency, financial need, leadership experience and other criteria as defined by the requirements of each award.

For example, the Golden Opportunity Grant is a $1,500 need-based grant for a limited number of students who have the most significant, unmet financial need and meet the other requirements. Also, nearly $4 million is awarded each year in departmental scholarships, which are based on a variety of criteria. The university also offers the Tech Promise, which covers any outstanding tuition and mandatory fees for qualifying students.

To qualify for the Golden Opportunity Grant or the departmental scholarships, students must submit a scholarship application by December 15. This is a separate application that is completed after the application for admission, and the student has been admitted to the university. Find out more at tntech.edu/scholarships/how-to-apply.

Tennessee Tech is ranked as the number one public university in the state, according to Money Magazine, as well as a “Best National University” by U.S. News & World Report. The university offers more than 200-plus programs of study, and Tech grads leave with the least debt of all public universities in the state. In fact, based on total cost and alumni earnings, Tech provides students with the highest return on investment for any public university in Tennessee, according to PayScale.

Find out more at tntech.edu/admissions.

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