Tennesseans looking to attend a two-year public community college are getting some assistance.
Gov. Bill Haslam held a ceremonial bill signing yesterday at Chattanooga State Community College establishing an endowment of at least $35 million through the Tennessee Student Assistance Corporation for need-based students.
The measure was part of Haslam’s legislative agenda this year and is a component of his “Drive to 55” initiative that aims to increase the number of Tennesseean’s with at least a two-year college degree or certificate. Haslam wants to raise that number to 55 percent by 2025. Currently, only 32 percent of the state’s residents have at least a two-year degree.
Haslam officially signed the bill in April.