§ 6-81-1602. Definitions
As used in this subchapter: (1) “Approved institution” means a state-supported institution of higher education, a nursing school, or a private nonprofit institution of higher education that: (A) Maintains its primary headquarters in the state; (B) Is eligible to receive Title IV federal student aid program funds; and (C) Is approved by the Division of […]
§ 6-81-1806. Medical students — Purpose of loan
Osteopathic rural medical practice loans provided for in this subchapter shall be made for the sole purpose of paying the applicant’s tuition, maintenance, and educational expenses and the necessary living expenses of his or her dependents while the applicant is enrolled in a program of medical education as described in this subchapter.
§ 6-81-1603. Purpose
The purpose of the State Teacher Education Program is to improve the educational system in the state by encouraging students to teach in subject areas and geographic areas with teacher shortages.
§ 6-81-1807. Medical students — Eligibility for initial and renewal loans
(a) The Osteopathic Rural Medical Practice Student Loan and Scholarship Board may make osteopathic rural medical practice loans to the applicant, each osteopathic rural medical practice loan being expressly made subject to the provisions of § 6-81-1809(c) and § 6-81-1810, if the board finds that: (1) The applicant is a bona fide resident of Arkansas; […]
§ 6-81-1604. Administration of the program
(a) The State Teacher Education Program shall be administered by the Division of Higher Education. (b) The division shall adopt standards for awarding the loan repayments to a public school teacher with an Arkansas teacher’s license teaching in a: (1) Subject area with a teacher shortage; or (2) Geographic area with teacher shortage. (c) The […]
§ 6-81-1605. Eligibility
To be eligible for the State Teacher Education Program, an applicant shall: (1) Teach full-time at a public school district in a subject area or geographic area with a teacher shortage, as identified by the Division of Higher Education in consultation with the Division of Elementary and Secondary Education; (2) Hold a valid Arkansas teacher’s […]
§ 6-81-1606. Duration — Amount
(a) The State Teacher Education Program shall be used to provide a loan repayment for federal student loans in the amount of: (1) Three thousand dollars ($3,000) per year for a maximum of three (3) years for a licensed teacher who graduated from a teacher education program after April 2004 and teaches in a public […]
§ 6-81-1701. Establishment — Administration
There is established a Teacher Candidate Loan Forgiveness Program to be administered by the Division of Higher Education.
§ 6-81-1702. Eligibility — Loan amounts — Term
(a) An individual is eligible for a loan under this subchapter to be used for financing the individual’s cost of attendance at an institution of higher education if the individual: (1) Is a lawful resident of the State of Arkansas; (2) Has successfully completed his or her sophomore year at an institution of higher education; […]
§ 6-81-1703. Loan amounts — Term — Renewal
(a) (1) The loan amounts under this subchapter shall be the lesser of: (A) Five thousand dollars ($5,000) per academic year; or (B) The total cost of attendance for an academic year at the institution of higher education in which the individual is enrolled less any other scholarships or grants received by the individual for […]