The Tennessee Student Assistance Corporation (TSAC) is relentlessly focused on increasing the number of Tennesseans with a postsecondary credential.
The Tennessee Student Assistance Corporation (TSAC) administers over 20 different state student financial aid programs, including the HOPE scholarship, Tennessee Promise, Tennessee Reconnect, Tennessee Student Assistance Award, and the Dual Enrollment grant. To increase awareness and participation in the financial aid programs, the agency conducts financial aid outreach and training to students and staff at every high school and postsecondary institution in the state. Staff also consult with postsecondary financial aid offices to improve program effectiveness and efficiencies. TSAC is administered by an 18-member board of directors. Administrative offices are located in Nashville at 404 James Robertson Parkway in Suite 1510. TSAC was created by the Tennessee General Assembly in 1974 as a non-profit corporation with the merging of the Tennessee Educational Loan Corporation and the Tennessee Tuition Grant Program. Between 1974 and 2016, TSAC served as Tennessee's designated federal student loan guaranty agency.
TSAC and the Tennessee Higher Education Commission (THEC) work together to develop, implement, and evaluate postsecondary education policies and programs in the State of Tennessee. The agencies create and maintain a policy environment focused on the Drive to 55, innovate for student access and success, and work to protect students and consumers.