(a) To be eligible for a Tennessee HOPE scholarship as an entering freshman, a student who completes high school in a Tennessee home school program, who graduates from a high school located in Tennessee that is not an eligible high school, or who obtains a GED® or HiSET® credential shall:

(1) Not be ineligible for the scholarship under § 49-4-904;

(2) Meet the requirements of § 49-4-905;

(3)

(A) Attain a composite ACT score of at least 21 on any single ACT test date or a concordant equivalent score on the SAT on any single SAT test date, if the student completed high school in a Tennessee home school program or graduated from a high school located in Tennessee that is not an eligible high school; or

(B) Pass the GED® tests with an average score of at least 525, the revised GED® tests with an average score of at least 170, or the HiSET® tests with an average score of at least 15, and attain a composite ACT score of at least 21 on any single ACT test date or a concordant equivalent score on the SAT on any single SAT test date; and

(4) Be admitted to and enroll in an eligible postsecondary institution no later than sixteen (16) months after completing high school in a Tennessee home school program, obtaining a GED® or HiSET®, or graduating from high school.

(b) A student who, after January 1, 2014, met the requirements of subdivision (a)(3)(B) shall be awarded a Tennessee HOPE scholarship in the 2014-2015 academic year for the 2013-2014 academic year; provided, that the student:

(1) Was not ineligible for the scholarship under § 49-4-904 and met the requirements of § 49-4-905 in the 2013-2014 academic year while enrolled at an eligible institution;

(2) Did not receive the Tennessee HOPE scholarship in the 2013-2014 academic year; and

(3) Is enrolled in the 2014-2015 academic year in an eligible postsecondary institution.

(c) A student who met the requirements of subdivision (a)(3)(B) shall be awarded a Tennessee HOPE scholarship in the 2014-2015 academic year; provided, that the student:

(1) Is not ineligible for the scholarship under § 49-4-904;

(2) Meets the requirements of § 49-4-905; and

(3) Is enrolled in the 2014-2015 academic year in an eligible postsecondary institution.