§ 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) […]
§ 6-85-201. Findings
The General Assembly finds that: (1) In approving Arkansas Constitution, Amendment 87, the citizens of this state provided an opportunity to increase the resources provided for higher education scholarships and grants through a state lottery; (2) The net proceeds from the state lottery, in addition to existing nonlottery state educational resources for scholarships and grants, […]
§ 6-85-202. Creation
The Arkansas Academic Challenge Scholarship Program — Part 2 is hereby created and established.
§ 6-85-203. Applicability
(a) This subchapter is applicable to students who apply for a scholarship under the Arkansas Academic Challenge Scholarship Program — Part 2 for the academic year 2010-2011 and each academic year thereafter. (b) Except to the extent of an award amount under § 6-85-107(b)(2), a recipient of a scholarship under the Arkansas Academic Challenge Scholarship […]
§ 6-85-204. Definitions
As used in this subchapter: (1) “ACT” means the ACT Assessment administered by ACT, Inc.; (2) “ACT equivalent” means the SAT, COMPASS, Accuplacer, or other nationally normed test that is correlated with the ACT and approved by the Division of Higher Education for use by institutions of higher education to assess a person’s college readiness; […]
§ 6-85-205. Authority and duties of the Division of Higher Education
(a) The Division of Higher Education shall develop and promulgate rules for the administration of the Arkansas Academic Challenge Scholarship Program consistent with the purposes and requirements of this subchapter. (b) The rules developed and promulgated by the Division of Higher Education under this section shall pertain to: (1) Student eligibility criteria based on this […]
§ 6-85-206. Basic eligibility requirements
The basic requirements for an applicant to be eligible for an award from the Arkansas Academic Challenge Scholarship Program — Part 2 are: (1) (A) The applicant has been an Arkansas resident for at least the twelve (12) months immediately preceding the date the applicant will enroll in an approved institution of higher education. (B) […]