How to document Extreme Financial Hardship for the 91´óÉñ Tennessee Education Lottery Scholarship
If you are listing ‘Extreme Financial Hardship’ as your reason for appeal on either the 91´óÉñ Tennessee Education Lottery Scholarship (TELS) Request for Leave of Absence Form or the 91´óÉñ Tennessee Education Lottery Scholarship (TELS) Change of Enrollment Status Appeal Form, please be aware that the Tennessee Student Assistance Corporation (TSAC) requires in addition to the appropriate appeal form:
- A student statement to the appeal committee that accurately and concisely lists and explains the factors contributing to the ‘Extreme Financial Hardship’
- For dependent students, a statement to the appeal committee from the parent that accurately and concisely lists and explains the factors contributing to the ‘Extreme Financial Hardship’
- Legible photo copies of concise documentation that adequately corroborates each stated financial factor in the student/parent statement
- Copy of monthly and/or annual household budget, listing all monthly income and expenses (for students classified as ‘dependent’ on the current year FAFSA, the ‘household’ budget includes the income/expenses for the parent(s) listed on the FAFSA)
- Copies of relevant W-2 forms
- Copy of tax return (1040, 1040A or 1040EZ) for the relevant year
- Copy of most recent pay stub
- Workman’s Compensation Statement verification in cases of loss of work due to student/parent injury
- Unemployment verification in cases of layoff and/or termination of employment
- Child support received or paid from previous marriage
- Received miscellaneous funds from others to help with expenses (ex. money from parent, grandparent, friend, church, etc.)
- Mortgage or rent receipt, or copy of mortgage or lease, that shows the monthly payment
- Car payments – copy of note, monthly statement or documentation of actual monthly payment (i.e. bank statement)
- If you or your parent(s) drive your own car to work or school, approximately what you spend in gas per week. If you take the bus, list the cost
- Utility payments –copy of monthly bill
- Child care payments – copy of statement or letter from facility
- Copy of credit card bill payments
- Info regarding student loan payments
- Other miscellaneous bills such as cable, cell phone, etc.
- Proof of bankruptcy
- Proof of insurance payments (medical and car)
PLEASE NOTE: Failure to provide the requested statements and documentation as described above may impede the 91´óÉñ Institutional Review Panel (IRP) from reaching a decision, or result in your appeal being denied due to lack of documentation.