Scholarships and Financial Aid - As enacted, makes various changes to the "Tennessee Future Teacher Scholarship Act of 2023." - Amends TCA Title 49, Chapter 4, Part 7.

SB 682 amends Tennessee's Future Teacher Scholarship program to support education students pursuing teaching licenses. It updates eligibility to include junior/senior undergraduates or post-baccalaureate students seeking initial licensure, requires applicants to be U.S. citizens residing in Tennessee for at least one year, and sets an annual $5,000 scholarship amount. Recipients must teach for two consecutive years in a targeted school setting within Tennessee or repay the scholarship amount pro-rated per year. The bill also adds mandatory program evaluations by the Office of Research and Education Accountability in 2027, 2030, and 2034 to assess effectiveness.