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Current as of March 28, 2024 | Updated by Findlaw Staff
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 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.
Cite this article: FindLaw.com - Arkansas Code Title 6. Education § 6-85-201. Findings - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-6-education/ar-code-sect-6-85-201/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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