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THEC warns of lottery 'structural deficit,' seeks funding to limit tuition increases
Summary
Tennessee Higher Education Commission told the Education Committee it requested $74 million for outcomes‑based funding and warned of a projected structural deficit in the lottery program; THEC also sought TSAA increases and capital maintenance funding.
The Tennessee Higher Education Commission told the Senate Education Committee the agency is asking for more state support to avoid larger tuition increases and to sustain student aid programs.
In a budget presentation, THEC staff said the commission requested $74,000,000 in new money for the outcomes‑based funding formula and highlighted a $12,000,000 request for the Tennessee Student Assistance Award (TSAA), the state's need‑based grant program. THEC warned the committee that projections…
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