# Tenn. Code Ann. § 49-15-107: Allocation of funds

> Tennessee · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TN_T49_C15_S49-15-107

## Section

- **Citation:** Tenn. Code Ann. § 49-15-107
- **Heading:** Allocation of funds
- **Jurisdiction:** Tennessee
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** TN Code / Title 49 / Chapter 15 / Section 49-15-107

## Text

(a) The local board of education shall allocate one hundred percent (100%) of state and local TISA funds generated by the participating student, as well as the average per pupil amount of any additional local funds received by the LEA, to a program approved under this chapter. All funds must be spent according to the budget submitted in the program agreement or as otherwise revised by the LEA or applicant public postsecondary institution, subject to the requirements of state and federal law. (b) The public postsecondary institution and its governing board may allocate state and federal funds for a program that is approved under this chapter. (c) An education partner under § 49-15-105(a) that is a public body may allocate state, federal and local funds for a program that is approved under this chapter. (d) If not an education partner under § 49-15-105(a) , the county governing body in a county where a program is located may nevertheless appropriate funds to a program approved under this chapter. (e) The LEA and the cooperating public postsecondary institution are strongly encouraged to seek funds from sources other than state, federal and local appropriations. (f) If a program is funded through local, state or federal funds appropriated to an LEA, then no fee shall be charged by the LEA or a public postsecondary institution to any student participating in the program. Amended by 2022 Tenn. Acts, ch. 966, s 73, eff. 7/1/2023. Acts 2007 , ch. 459, § 1; 2012 , ch. 967, §§ 9, 10.
(a) The local board of education shall allocate one hundred percent (100%) of state and local TISA funds generated by the participating student, as well as the average per pupil amount of any additional local funds received by the LEA, to a program approved under this chapter. All funds must be spent according to the budget submitted in the program agreement or as otherwise revised by the LEA or applicant public postsecondary institution, subject to the requirements of state and federal law.
(b) The public postsecondary institution and its governing board may allocate state and federal funds for a program that is approved under this chapter.
(c) An education partner under § 49-15-105(a) that is a public body may allocate state, federal and local funds for a program that is approved under this chapter.
(d) If not an education partner under § 49-15-105(a) , the county governing body in a county where a program is located may nevertheless appropriate funds to a program approved under this chapter.
(e) The LEA and the cooperating public postsecondary institution are strongly encouraged to seek funds from sources other than state, federal and local appropriations.
(f) If a program is funded through local, state or federal funds appropriated to an LEA, then no fee shall be charged by the LEA or a public postsecondary institution to any student participating in the program.
Amended by 2022 Tenn. Acts, ch. 966, s 73, eff. 7/1/2023.
Acts 2007 , ch. 459, § 1; 2012 , ch. 967, §§ 9, 10.

## Nearby sections

- [Tenn. Code Ann. § 49-15-101 Purpose - Requirements of programs](https://www.frixlaw.com/law-library/statutes/STATE_TN_T49_C15_S49-15-101.md)
- [Tenn. Code Ann. § 49-15-102 Chapter definitions](https://www.frixlaw.com/law-library/statutes/STATE_TN_T49_C15_S49-15-102.md)
- [Tenn. Code Ann. § 49-15-103 Consortium for cooperative innovative education](https://www.frixlaw.com/law-library/statutes/STATE_TN_T49_C15_S49-15-103.md)
- [Tenn. Code Ann. § 49-15-104 Duties of consortium - Development of plan for the establishment of statewide early postsecondary credit opportunities](https://www.frixlaw.com/law-library/statutes/STATE_TN_T49_C15_S49-15-104.md)
- [Tenn. Code Ann. § 49-15-105 Participation by education partners](https://www.frixlaw.com/law-library/statutes/STATE_TN_T49_C15_S49-15-105.md)
- [Tenn. Code Ann. § 49-15-106 Dual enrollment and dual credit - Accountabilities - Operation](https://www.frixlaw.com/law-library/statutes/STATE_TN_T49_C15_S49-15-106.md)
- [Tenn. Code Ann. § 49-15-107 Allocation of funds](https://www.frixlaw.com/law-library/statutes/STATE_TN_T49_C15_S49-15-107.md)
- [Tenn. Code Ann. § 49-15-108 Evaluation of programs](https://www.frixlaw.com/law-library/statutes/STATE_TN_T49_C15_S49-15-108.md)
- [Tenn. Code Ann. § 49-15-109 Alignment of secondary and postsecondary programs - Validation](https://www.frixlaw.com/law-library/statutes/STATE_TN_T49_C15_S49-15-109.md)
- [Tenn. Code Ann. § 49-15-110 Compensation of consortium members - Assistance](https://www.frixlaw.com/law-library/statutes/STATE_TN_T49_C15_S49-15-110.md)
- [Tenn. Code Ann. § 49-15-111 Dual credit courses](https://www.frixlaw.com/law-library/statutes/STATE_TN_T49_C15_S49-15-111.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TN_T49_C15_S49-15-107. Check the current official text before relying on it. Not legal advice.