§ 6-85-404. Funding
(a) For an academic year, Arkansas Concurrent Challenge Scholarships under this subchapter shall be funded with any funds remaining after the Division of Higher Education allocates sufficient funding to award Arkansas Workforce Challenge Scholarships under § 6-85-301 et seq., at a level equivalent to the awards made in the previous academic year. (b) (1) A […]
§ 6-85-405. Distribution — Award amounts
(a) If funds are available, the Division of Higher Education shall award Arkansas Concurrent Challenge Scholarships to all students who meet the requirements under this subchapter. (b) (1) The division shall distribute scholarships from the funds available in an equal amount to every approved institution of higher education that has enrolled a student eligible to […]
§ 6-85-406. Rules
The Division of Higher Education shall promulgate rules to implement this subchapter.
§ 6-85-401. Creation
There is created the Arkansas Concurrent Challenge Scholarship Program.
§ 6-85-402. Definitions
As used in this subchapter: (1) “Approved institution of higher education” means an institution of higher education that: (A) Is approved by the Division of Higher Education to participate in the Arkansas Concurrent Challenge Scholarship Program; (B) Offers at least a fifty-percent discount on the tuition and mandatory fees of an endorsed concurrent enrollment course […]
§ 6-85-403. Eligibility
(a) A student is eligible to receive an Arkansas Concurrent Challenge Scholarship under this subchapter for an academic semester or academic year during which the student is enrolled in an endorsed concurrent enrollment course or certificate program if the student: (1) Is an Arkansas resident or, if the student is less than twenty-one (21) years […]
§ 6-85-214. Accountability — Transparency — Legislative oversight
(a) The General Assembly finds that: (1) The continual evaluation of the Arkansas Academic Challenge Scholarship Program and of all state-supported scholarship and grant programs by the General Assembly is critical for maximizing the benefits to the state and its citizens of state financial aid for higher education and meeting state objectives for higher education; […]
§ 6-85-216. Institution report to the division
(a) (1) An approved institution of higher education that enrolls students receiving scholarships under this subchapter annually shall provide information and semiannually provide updated information to the Division of Higher Education regarding all state-supported student financial assistance whether or not the state-supported student financial assistance is awarded under this subchapter. (2) The information shall be […]
§ 6-85-217. Information provided to the Bureau of Legislative Research by the Division of Higher Education
The Division of Higher Education shall provide the following data to the Bureau of Legislative Research through the Arkansas Higher Education Information System under § 6-60-901 et seq., for the purpose of assisting the General Assembly with evaluation and analysis under this subchapter: (1) Existing individual student data; (2) Institutional data; (3) Financial data; (4) […]
§ 6-85-219. Reports to legislative committees
(a) (1) Annually by November 1, the Division of Higher Education shall report to the Legislative Council in the manner and format that the Legislative Council requires on all state-supported student financial assistance awarded by the division and awarded by approved institutions of higher education. (2) The information provided shall include without limitation: (A) Current […]