Award of $2,500 for students at four-year colleges or $1,750 for students at two-year colleges. Entering freshmen must have a minimum GPA of 2.75, ACT score of 18-20 (or 940 - 1050 SAT), and adjusted gross income attributable to the student must be $36,000 or less. Recipients will become eligible for Tennessee HOPE Scholarship by meeting HOPE Scholarship renewal criteria. Must be a Tennessee resident.