6-85-201. Findings.

Arkansas Code — all titles (historical 2020) · legal_authorities

6-85-201. Findings.

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. A text match is a research starting point; applicability is not established.