What You Need To Know About Arkansas Academic Challenge Scholarship Requirements
The Arkansas Academic Challenge Scholarship Program is a great way for high school students to prepare for college and gain valuable financial assistance. The program provides financial assistance for students who wish to pursue a college degree. The program is administered by the Arkansas Department of Higher Education and is funded by the Arkansas Lottery.
In order to be eligible for the Arkansas Academic Challenge Scholarship, students must meet certain requirements. They must be a resident of Arkansas, have a high school diploma or GED, and have a minimum grade point average of 2.5. Additionally, they must be accepted into an eligible post-secondary education institution in Arkansas and maintain satisfactory academic progress while enrolled.
To apply for the Arkansas Academic Challenge Scholarship, applicants must complete the Free Application for Federal Student Aid (FAFSA) and the Arkansas Academic Challenge Scholarship application. Additionally, they must submit official transcripts and a letter of recommendation from a teacher or counselor. Once approved, the scholarship provides up to $5,000 per academic year to cover tuition, fees, and books.
Types of Scholarships Available
The Arkansas Academic Challenge Scholarship Program offers two types of scholarships. The first is the Arkansas Academic Challenge Scholarship, which is based on the applicant's academic performance. This scholarship is renewable for up to four years and is available to high school seniors or recent graduates. The second is the Arkansas Academic Challenge Transfer Scholarship, which is available to students who have earned at least 24 college credits from an Arkansas post-secondary institution.
Scholarship Award Amounts
The amount of the Arkansas Academic Challenge Scholarship is based on the applicant's academic performance and the number of credits they have earned. Students who have earned 24 or more college credits may be eligible for up to $5,000 per academic year. Students who have earned fewer than 24 college credits may be eligible for up to $2,000 per academic year.
Scholarship Renewal
The Arkansas Academic Challenge Scholarship is renewable for up to four years. To renew the scholarship, students must maintain satisfactory academic progress and meet the minimum grade point average requirement. Additionally, students must submit a renewal application each year.
Scholarship Disbursement
The Arkansas Academic Challenge Scholarship is disbursed directly to the post-secondary institution. It is applied to the student's tuition and fees and is used to cover the cost of books and other educational expenses. The scholarship is provided in two payments for each academic year.
Additional Resources
Students may access additional resources to learn more about the Arkansas Academic Challenge Scholarship Program. The Arkansas Department of Higher Education website provides information about the program, the application process, and eligibility requirements. Additionally, students may contact the department directly with any questions or concerns.
Arkansas Academic Challenge Scholarship Program is a great way for students to prepare for college and gain valuable financial assistance.
The Arkansas Academic Challenge Scholarship Program is an excellent opportunity for high school students to gain financial assistance for college. The program provides up to $5,000 per academic year to cover tuition, fees, and books. Additionally, the scholarship is renewable for up to four years. Students must meet certain requirements to be eligible, including having a high school diploma or GED, a minimum grade point average of 2.5, and being accepted into an eligible post-secondary education institution in Arkansas. To apply for the scholarship, students must complete the Free Application for Federal Student Aid (FAFSA) and the Arkansas Academic Challenge Scholarship application. The Arkansas Department of Higher Education website provides additional information about the program, the application process, and eligibility requirements.
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