Provides scholarships to TN residents and applicants to Tennessee schools only. Scholarships in the amount $500 per semester shall be granted to high school students, high school graduates or existing college students entering a full-time program of college study. Preferential will be given first to those individuals that have demonstrated a willingness to serve the general public through past civic responsibilities, and secondly, to those individuals who have expressed an intention to become an attorney. To qualify for scholarship funds, students shall be required to possess the following: 1) At least a 2.8 (on a 4.0 scale) cumulative high school G.P.A. (or its equivalent) or an 18 composite A.C.T. score (or its equivalent) for freshmen; 2) At least a 3.0 cumulative G.P.A. (on a 4.0 scale) for college upper classmen and transfer students; 3) Need for financial assistance; 4) Full-time student status, except when less than a full-time course load is necessary to complete a degree program; and 5) Unrestricted academic standing with the university or college with which courses will be taken.