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6-85-107. Duration — Amount.
Arkansas Code — all titles (historical 2020) · legal_authorities
6-85-107. Duration — Amount.
(a) A recipient who graduated from high school after December 31, 2000, shall receive a scholarship for one (1) academic year renewable for up to three (3) additional academic years if the recipient meets the following continuing eligibility criteria:
(1) The recipient earns a cumulative grade point average of 2.75 or higher based on a 4.0 scale at an approved institution;
(2) The recipient has completed a total of at least twenty-seven (27) hours during the first full academic year and a total of at least thirty (30) hours per academic year thereafter; and
(3) The recipient meets any other continuing eligibility criteria established by the Division of Higher Education.
(b)(1) Beginning with awards made for the 2005-2006 academic year and thereafter for recipients who graduated from high school after December 31, 2001, the amount of the annual scholarship awarded to each recipient shall be graduated as follows:
(A) A recipient in his or her freshman year shall be awarded an amount not to exceed two thousand five hundred dollars ($2,500);
(B) A recipient in his or her sophomore year shall be awarded an amount not to exceed two thousand seven hundred fifty dollars ($2,750);
(C) A recipient in his or her junior year shall be awarded an amount not to exceed three thousand dollars ($3,000); and
(D) A recipient in his or her senior year shall be awarded an amount not to exceed three thousand five hundred dollars ($3,500).
(2) A recipient under this subchapter shall receive the greater of the award under subdivision (b)(1) of this section or the award amount for the same academic year for a full-time recipient under the Arkansas Academic Challenge Scholarship Program — Part 2, § 6-85-201 et seq.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 6-85-107
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:6-85-107
Source file: gov.ar.code.title.06.odt
Pages: Not recorded – Not recorded
Passage SHA-256: d6b297a66c189a33332097777e71b0f8c869996c89541409152886983c097f4a
Source location: content.xml paragraph 45792
Stored source content
6-85-107. Duration — Amount.
(a) A recipient who graduated from high school after December 31, 2000, shall receive a scholarship for one (1) academic year renewable for up to three (3) additional academic years if the recipient meets the following continuing eligibility criteria:
(1) The recipient earns a cumulative grade point average of 2.75 or higher based on a 4.0 scale at an approved institution;
(2) The recipient has completed a total of at least twenty-seven (27) hours during the first full academic year and a total of at least thirty (30) hours per academic year thereafter; and
(3) The recipient meets any other continuing eligibility criteria established by the Division of Higher Education.
(b)(1) Beginning with awards made for the 2005-2006 academic year and thereafter for recipients who graduated from high school after December 31, 2001, the amount of the annual scholarship awarded to each recipient shall be graduated as follows:
(A) A recipient in his or her freshman year shall be awarded an amount not to exceed two thousand five hundred dollars ($2,500);
(B) A recipient in his or her sophomore year shall be awarded an amount not to exceed two thousand seven hundred fifty dollars ($2,750);
(C) A recipient in his or her junior year shall be awarded an amount not to exceed three thousand dollars ($3,000); and
(D) A recipient in his or her senior year shall be awarded an amount not to exceed three thousand five hundred dollars ($3,500).
(2) A recipient under this subchapter shall receive the greater of the award under subdivision (b)(1) of this section or the award amount for the same academic year for a full-time recipient under the Arkansas Academic Challenge Scholarship Program — Part 2, § 6-85-201 et seq.
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Arkansas Code — all titles (historical 2020) · legal_authorities
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, will:
(A) Encourage associate degree, certificate of proficiency program, and technical certificate program recipients and university juniors to complete a baccalaureate degree;
(B) Provide opportunities for students more than one (1) year out of high school to enter or reenter higher education;
(C) Provide an improved system of communication to students and parents about opportunities for higher education scholarships and grants in Arkansas; and
(D) Provide an evaluation and analysis of all state funding for scholarships and grants and how the funding advances the state's goals for higher education; and
(3) Changes to the Arkansas Academic Challenge Scholarship Program — Part 2 may be necessary from time to time to ensure the solvency of the program by spreading the program liabilities over a period of time while ensuring that there are scholarship dollars available for students who successfully complete their courses.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 6-85-201
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 6-85-201. This identifies an authority to review, not proof of applicability.