Arkansas Code Title 6. Education § 6-85-216. Institution report to Division of Higher Education

(a)(1)(A) An approved institution of higher education that enrolls students receiving scholarships under this subchapter annually shall provide information and semiannually shall 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.

(B) An approved institution of higher education is not required to provide the information described in subdivision (a)(1)(A) of this section to the division if the information has previously been reported to the division through the Arkansas Higher Education Information System or the state financial aid information system.

(A) The criteria for determining eligibility for scholarships under this subchapter;

(B) Demographic student data; and

(C) Disaggregated data on remedial courses.

(3)(A) An approved institution of higher education shall undertake the procedures necessary to ensure the collection and reporting of student information under this section.

(B) An approved institution of higher education may lose its approved status for receiving scholarship funds on behalf of a recipient under this subchapter if it fails to make a good-faith effort to comply with this section.

(C) In addition to the provisions of subdivision (a)(3)(B) of this section, an institution of higher education that does not comply with this section shall not be eligible to accept state aid from the Higher Education Grants Fund Account on behalf of a student.