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§ 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 […]

§ 6-85-219. 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 […]

§ 6-85-220. Legislative Council — Annual report

(a) The Legislative Council shall: (1) Oversee the development and implementation of Arkansas Code requirements with regard to the Arkansas Academic Challenge Scholarship Program; (2) Review whether and how the use of net state lottery proceeds helps to accomplish state objectives for higher education; (3) Review the ongoing data collection, research, and evaluation of the […]

§ 6-85-221. Scholarship hold

(a) The Division of Higher Education may approve a scholarship hold for a traditional student for a period of twenty-four (24) months or less. (b) The reasons for a scholarship hold may include without limitation: (1) A medical condition of the student or a member of the student’s immediate family that, on the basis of […]

§ 6-84-114. Aspiring Scholars Matching Grant Program

(a) The Section 529 Plan Review Committee shall develop and implement a pilot program to be known as the “Aspiring Scholars Matching Grant Program” that uses available administrative funds to match a contribution made into an account for a designated beneficiary under this subchapter. (b) (1) An advisory committee shall advise the Section 529 Plan […]

§ 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 […]

§ 6-85-101. Legislative findings and declarations of public necessity

The General Assembly hereby recognizes that taking the proper coursework in high school is essential for success in college. Arkansas high school students who complete the recommended precollegiate or technical preparation core curriculum score significantly higher on standardized preadmission tests and are more likely to be successful in college. Because the State of Arkansas also […]

§ 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) […]