reglab/statecodes huggingface dataset:
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 80 - GENERAL PROVISIONS (§§ 6-80-101 — 6-80-109) › Section 6-80-104 - Selective Service registration - Definition

(a)
"Statement of selective service status" means a statement on an application for employment with the State of Arkansas or for admission to any public institution of higher education, sworn under penalty of perjury, that:
(1)
The person filing the certificate is registered with the United States Selective Service System in accordance with the Military Selective Service Act,
50 U.S.C. § 3801
et seq.; or
(2)
The person filing the certificate is not required to register with the United States Selective Service System because the person is:
(A)
Under eighteen (18) years of age;
(B)
In the United States Armed Forces on active duty, other than in a reserve or national guard unit;
(C)
An alien lawfully admitted to the United States as a non-immigrant under Section 101(a)(15) of the Immigration and Nationality Act,
8 U.S.C. § 1101
, for so long as he or she continues to maintain a lawful non-immigrant status in the United States;
(D)
A permanent resident of the trust territory of the Pacific Islands or the Northern Mariana Islands; or
(E)
Excused from registration for other reason provided by federal law and that reason is included in the certificate.
(b)
No person who is required to register with the United States Selective Service System shall be eligible for employment by any agency of the State of Arkansas or for admission to any public institution of higher education unless the person has signed a statement of selective service status.
Acts 1997, No. 228, § 1.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 80 - GENERAL PROVISIONS (§§ 6-80-101 — 6-80-109) › Section 6-80-106 - Definitions and limitations on expenditures for academic and performance scholarships

(a)
For the purpose of this section:
(1)
(A)
"Academic scholarships" means scholarships awarded:
(i)
On a basis of criteria, including entrance exam scores, high school grade point averages, and rank in high school graduating class; or
(ii)
For merit or academic performance.
(B)
"Academic scholarships" does not include:
(i)
Graduate assistantships or fellowships;
(ii)
Tuition waivers based on age, military service, or occupation and out-of-state tuition waivers for graduate students or students from contiguous states in close proximity to a college or university;
(iii)
Scholarships for transfers from two-year institutions; and
(iv)
Scholarships made to a student who qualifies for a Pell Grant; and
(2)
(A)
"Performance scholarships" means scholarships for band, musical performing groups, arts, theater, forensics, and similar activities that are not awarded on the basis of entrance exam scores or high school academic achievement.
(B)
"Performance scholarships" does not include scholarships made to a student who qualifies for a Pell Grant.
(b)
(1)
A state-supported institution of higher education shall not exceed its unrestricted educational and general tuition and mandatory fee income spending for academic and performance scholarships by more than:
(A)
Thirty percent (30%);
(B)
Twenty-five percent (25%) beginning in the 2012-2013 fiscal year; and
(C)
Twenty percent (20%) beginning in the 2013-2014 fiscal year.
(2)
All scholarship expenditures or tuition discounts not specifically excluded in subsection (a) of this section shall be counted toward the percentage of expenditures for academic and performance scholarships.
(c)
Beginning in the 2013-2014 fiscal year all expenditures for academic and performance scholarships exceeding twenty percent (20%) of unrestricted educational and general tuition and mandatory fee income in a fiscal year shall be deducted from the state funding recommendations as determined by the appropriate funding formula model for the fiscal year in the following biennium.
(d)
A state-supported institution of higher education shall report the percentage of unrestricted educational and general tuition and mandatory fee income spent on academic and performance scholarships during the previous fiscal year to the Arkansas Higher Education Coordinating Board no later than June 1 each year.
Amended by Act 2013, No. 957,§ 3, eff. 8/16/2013.
Amended by Act 2013, No. 957,§ 2, eff. 8/16/2013.
Acts 2005, No. 1795, § 1; 2009, No. 323, §§ 1-3.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 80 - GENERAL PROVISIONS (§§ 6-80-101 — 6-80-109) › Section 6-80-107 - Transcripts - Definition

(a)
(1)
As used in this section, "electronic transcript" means a student transcript that is formatted and transmitted electronically in the uniform method prescribed by the Division of Higher Education and the Division of Elementary and Secondary Education for use by public schools and institutions of higher education in this state.
(2)
An Arkansas public school shall use an electronic transcript in lieu of a paper transcript to:
(A)
Provide to the Division of Higher Education as necessary to process state financial aid applications for students in grades nine through twelve (9-12);
(B)
Transmit a transcript between public high schools to correctly enroll and place students in grades nine through twelve (9-12) transferring between public high schools and school districts; and
(C)
Transmit a transcript to the Division of Elementary and Secondary Education.
(3)
An institution of higher education in this state shall use an electronic transcript in lieu of a paper transcript:
(A)
As the only method of accepting a transcript from an Arkansas public school;
(B)
As the only method of accepting a transcript from or sending a transcript to another institution of higher education in this state;
(C)
To provide to the Division of Higher Education as necessary to process state financial aid applications for higher education students; and
(D)
To transmit a transcript to the Division of Elementary and Secondary Education.
(b)
(1)
Except as provided under subdivision (b)(2) of this section, an institution of higher education that does not comply with this section shall not receive state financial aid on behalf of students.
(2)
An institution of higher education with less than ten (10) students who receive financial aid from a program administered by the Division of Higher Education is exempt from the requirements under subsection (a) of this section and the penalty under this subsection.
(c)
(1)
The Division of Elementary and Secondary Education shall prescribe a uniform method of formatting and electronically transmitting transcripts, which shall be used by all kindergarten through grade eight (K-8) public elementary or middle schools in this state.
(2)
A public elementary or middle school shall use an electronic transcript in lieu of a paper transcript to transmit a transcript:
(A)
Between public schools as necessary to correctly enroll and place students transferring between schools and school districts; and
(B)
To the Division of Elementary and Secondary Education.
Amended by Act 2019, No. 910,§ 2022, eff. 7/1/2019.
Amended by Act 2013, No. 330,§ 2, eff. 8/16/2013.
Acts 2005, No. 2203, § 1; 2007, No. 820, § 1; No. 1573, § 41.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 80 - GENERAL PROVISIONS (§§ 6-80-101 — 6-80-109) › Section 6-80-108 - Essays for institutional scholarships

(a)
If a state-supported institution of higher education requires the completion of an essay for an institutional scholarship application, the state-supported institution of higher education shall retain the essay for at least one (1) year after it is submitted by the student.
(b)
During the period of time the essay is retained by the state-supported institution of education, only the student or the parent or guardian of the student may access the essay.
Added by Act 2015, No. 1186,§ 1, eff. 7/22/2015.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 80 - GENERAL PROVISIONS (§§ 6-80-101 — 6-80-109) › Section 6-80-109 - Division of Higher Education - Rules

(a)
The Division of Higher Education shall promulgate or update existing division rules to allow a student who is a recipient of a scholarship to utilize scholarship funds to enroll in and attend courses offered during a summer term at the postsecondary institution in which the student is enrolled.
(b)
Rules promulgated under this section shall include without limitation requirements concerning:
(1)
Student eligibility; and
(2)
The disbursement and administration of scholarship funds utilized by a student to enroll in and attend courses offered during a summer term.
(c)
As used in this section, "scholarship" includes a scholarship program that is:
(1)
Funded with state funds or lottery proceeds; and
(2)
Administered by the division.
Added by Act 2023, No. 413,§ 1, eff. 7/1/2023.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-101 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Acts 1977, No. 873, § 2; 1981, No. 296, § 1; 1983, No. 937, § 1; 1985, No. 429, § 1; 1985, No. 449, § 1; A.S.A. 1947, § 80-4032; Acts 1987, No. 631, § 1; 1987, No. 705, § 1; 1993, No. 1284, § 1; 1997, No. 923, § 3; 1999, No. 1218, § 5; 2011, No. 521, § 1.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-102 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Acts 1977, No. 873, §§ 3, 5; 1979, No. 633, §§ 1, 2; 1985, No. 429, § 2; 1985, No. 449, § 2; A.S.A. 1947, §§ 80-4033, 80-4035; Acts 1989, No. 377, § 1; 1997, No. 250, § 39; 1997, No. 923, § 4; 1999, No. 1218, § 6; 2011, No. 521, § 2.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-103 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-104 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Acts 1977, No. 873, § 21; A.S.A. 1947, § 80-4051; Acts 2011, No. 521, § 4.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-105 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-106 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Acts 1977, No. 873, § 6; 1981, No. 296, § 2; 1983 (Ex. Sess.), No. 39, § 1; 1983 (Ex. Sess.), No. 51, § 1; 1983 (Ex. Sess.), No. 62, § 1; A.S.A. 1947, § 80-4036; Acts 2011, No. 521, § 6.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-107 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Acts 1977, No. 873, § 6; 1981, No. 296, § 2; 1983 (Ex. Sess.), No. 39, § 1; 1983 (Ex. Sess.), No. 62, § 1; A.S.A. 1947, § 80-4036; Acts 1987, No. 631, § 2; 1987, No. 705, § 2; 2011, No. 521, § 7.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-108 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Acts 1981, No. 762, § 1; 1983, No. 937, § 9; A.S.A. 1947, § 80-4056; Acts 2011, No. 521, § 8.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-109 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Acts 1977, No. 873, § 6; 1983, No. 937, § 2; A.S.A. 1947, § 80-4036; Acts 2011, No. 521, § 9.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-110 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Acts 1977, No. 873, § 6; 1983, No. 937, § 2; A.S.A. 1947, § 80-4036; Acts 2011, No. 521, § 10.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-111 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Acts 1977, No. 873, § 6; 1983, No. 937, § 2; A.S.A. 1947, § 80-4036; Acts 2011, No. 521, § 11.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-112 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Acts 1977, No. 873, § 6; 1983, No. 937, § 2; 1983 (Ex. Sess.), No. 51, § 1; A.S.A. 1947, § 80-4036; Acts 2011, No. 521, § 12.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-113 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Acts 1977, No. 873, § 7; 1981, No. 296, § 3; A.S.A. 1947, § 80-4037; Acts 2011, No. 521, § 13.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-114 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Acts 1977, No. 873, § 12; 1981, No. 296, § 5; 1985, No. 429, § 6; 1985, No. 449, § 6; A.S.A. 1947, § 80-4042; Acts 2011, No. 521, § 14.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-115 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Acts 1977, No. 873, § 14; 1981, No. 296, § 6; 1983, No. 937, § 4; A.S.A. 1947, § 80-4044; Acts 2011, No. 521, § 15.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-116 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Acts 1977, No. 873, § 20; 1981, No. 296, § 7; A.S.A. 1947, § 80-4050; Acts 2011, No. 521, § 16.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-117 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-118 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Acts 1977, No. 873, § 13; 1983, No. 937, § 3; 1985, No. 429, § 7; 1985, No. 449, § 7; A.S.A. 1947, § 80-4043; Acts 1987, No. 631, § 4; 1987, No. 705, § 4; 2011, No. 521, § 17.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-119 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Acts 1977, No. 873, § 16; 1983, No. 937, § 5; A.S.A. 1947, § 80-4046; Acts 2011, No. 521, § 18.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-120 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Acts 1977, No. 873, § 17; 1983, No. 937, § 6; A.S.A. 1947, § 80-4047; Acts 2011, No. 521, § 19.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-121 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-122 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Acts 1977, No. 873, § 18; 1979, No. 633, § 2; 1983, No. 937, § 7; 1985, No. 429, § 9; 1985, No. 449, § 9; A.S.A. 1947, § 80-4048; Acts 1993, No. 1284, § 3; 2011, No. 521, § 21.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-123 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-124 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Acts 1977, No. 873, § 8; 1981, No. 296, § 4; 1985, No. 429, § 3; 1985, No. 449, § 3; A.S.A. 1947, § 80-4038; Acts 1987, No. 631, § 3; 1987, No. 705, § 3; 1993, No. 1284, § 5; 2011, No. 521, § 22.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-125 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Acts 1977, No. 873, § 10; 1985, No. 429, § 4; 1985, No. 449, § 4; A.S.A. 1947, § 80-4040.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-126 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Acts 1977, No. 873, §§ 11, 15; 1985, No. 429, §§ 5, 8; 1985, No. 449, §§ 5, 8; A.S.A. 1947, §§ 80-4041, 80-4045; Acts 1993, No. 1284, § 6; 2011, No. 521, § 23.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-127 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-128 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-129 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-130 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Acts 1977, No. 873, § 22; 1985, No. 429, § 10; 1985, No. 449, § 10; A.S.A. 1947, § 80-4052; Acts 1987, No. 631, § 5; 1987, No. 705, § 5.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-131 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 1 - [Repealed] GENERAL PROVISIONS (§§ 6-81-101 — 6-81-132) › Section 6-81-132 - [Repealed]

Repealed by Act 2017, No. 824,§ 2, eff. 7/1/2017.
Acts 2011, No. 521, § 26.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 2 - STUDENT LOAN GUARANTEE FOUNDATION OF ARKANSAS (§§ 6-81-201 — 6-81-206) › Section 6-81-201 - Administration of student loan provisions of federal laws

(a)
The Student Loan Guarantee Foundation of Arkansas, a private nonprofit corporation organized under the laws of this state for the purposes, as stated in its articles of incorporation, "to do any and all necessary things to implement the student loan fund program as provided for in Pub. L. No. 89-329 and in such other programs of like or similar nature which may be established by the federal or state governments in the future", and which has been designated by the Governor and recognized by the United States Government as the appropriate agency in this state to administer such student loan programs, is recognized and confirmed as the agency in this state to administer the student loan provisions of that United States law, or comparable laws enacted by the United States Congress, for the purpose of providing guaranteed student loans to citizens of this state attending institutions of higher education or vocational and technical training schools.
(b)
(1)
The provisions of this subchapter recognize and confirm the foundation, a private nonprofit corporation, as the agency in this state to administer the student loan provisions of federal law. The foundation has been recognized as the agency in this state to administer the student loan laws, but that fact did not result in the foundation being made an agency of this state.
(2)
The foundation is not a state agency and therefore is not subject to the Arkansas Procurement Law, §
19-11-201
et seq., to the Arkansas Administrative Procedure Act, §
25-15-201
et seq., or to other enactments of the General Assembly which are applicable to state agencies. Therefore, the foundation is not required to deposit into the State Treasury any federal funds or other funds received by it.
Acts 1968 (1st Ex. Sess.), No. 27, § 1; A.S.A. 1947, § 80-4013; Acts 1987, No. 574, § 1.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 2 - STUDENT LOAN GUARANTEE FOUNDATION OF ARKANSAS (§§ 6-81-201 — 6-81-206) › Section 6-81-202 - Administration of funds

(a)
(1)
All moneys received by the Student Loan Guarantee Foundation of Arkansas under the provisions of this subchapter shall be deposited by the foundation into bank accounts in one (1) or more banks of this state, or the moneys may be placed on deposit into savings and loan associations in this state, the deposits of which are insured by the Federal Deposit Insurance Corporation.
(2)
However, the amount of the deposits in any bank or savings and loan association in this state shall not exceed the amount insured by the Federal Deposit Insurance Corporation unless the amount of all deposits in excess of the amount insured by the Federal Deposit Insurance Corporation is secured to the full amount thereof at any time remaining on hand by the deposit, under a special depository agreement with another Arkansas bank of the foundation's selection, and approved by the Chief Fiscal Officer of the State, of direct obligations of the United States or the State of Arkansas having at all times a market value of not less than the amount of the balance.
(b)
The foundation shall deposit into savings accounts or certificates of deposit in such banks or savings and loan associations the maximum amount of such funds which are not otherwise required to be maintained in checking accounts to meet the obligations of the foundation under the provisions of this subchapter or applicable federal laws and regulations.
Acts 1968 (1st Ex. Sess.), No. 27, § 2; A.S.A. 1947, § 80-4014.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 2 - STUDENT LOAN GUARANTEE FOUNDATION OF ARKANSAS (§§ 6-81-201 — 6-81-206) › Section 6-81-203 - Disbursing officer

(a)
The Student Loan Guarantee Foundation of Arkansas shall designate a disbursing officer who shall administer the trust funds made available to the foundation under the provisions of this subchapter.
(b)
(1)
The disbursing officer shall file a surety bond of a corporate surety authorized to do business in this state with the Secretary of State and an executed counterpart thereof with the Auditor of State in such amount and form as may be provided by the Auditor of State and the Chief Fiscal Officer of the State conditioned upon the faithful administration and accounting of all funds received by the foundation in accordance with the provisions of this subchapter.
(2)
The bond shall be renewed annually and proof of the renewal furnished to the Secretary of State and Auditor of State.
Acts 1968 (1st Ex. Sess.), No. 27, § 3; A.S.A. 1947, § 80-4015.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 2 - STUDENT LOAN GUARANTEE FOUNDATION OF ARKANSAS (§§ 6-81-201 — 6-81-206) › Section 6-81-204 - Use of funds, securities, etc

All of the funds, securities, equities, and assets received by the Student Loan Guarantee Foundation of Arkansas under the provisions of this subchapter shall be used exclusively for the purposes of providing the state's matching reserves requirements or other obligations under Pub. L. No. 89-329, as the funds, securities, equities, and assets relate to insured loans made to students attending institutions of higher education, and in meeting other obligations required by that federal law. None of the funds, securities, equities, or assets shall be used for maintenance, operation, or support of the foundation.
Acts 1968 (1st Ex. Sess.), No. 27, § 3; A.S.A. 1947, § 80-4015.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 2 - STUDENT LOAN GUARANTEE FOUNDATION OF ARKANSAS (§§ 6-81-201 — 6-81-206) › Section 6-81-205 - Sale of securities

(a)
Whenever moneys made available to the Student Loan Guarantee Foundation of Arkansas under the provisions of this subchapter are insufficient to meet cash obligations of the foundation pursuant to applicable federal laws, the foundation is authorized to sell for cash any securities transferred to the foundation under the provisions of this subchapter, except the notes or other obligations received by the foundation as evidence of loans made by the Arkansas Student Loan Board.
(b)
Before selling any such securities, the foundation shall notify the Chief Fiscal Officer of the State of its intent to sell the securities.
(c)
The Chief Fiscal Officer of the State shall establish the procedures which the foundation shall follow with respect to the sale of any securities.
(d)
The Chief Fiscal Officer of the State, before any sale is final, shall give his or her written approval thereof.
Acts 1968 (1st Ex. Sess.), No. 27, § 3; A.S.A. 1947, § 80-4015.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 2 - STUDENT LOAN GUARANTEE FOUNDATION OF ARKANSAS (§§ 6-81-201 — 6-81-206) › Section 6-81-206 - Annual audit

The Student Loan Guarantee Foundation of Arkansas is not subject to audit by the Legislative Joint Auditing Committee but, at least annually, shall contract for an audit by a certified public accountant and transmit a copy of the audit to the Legislative Joint Auditing Committee.
Acts 1987, No. 574, § 1.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 4 - UNIVERSITY OF ARKANSAS REVOLVING LOAN FUND (§§ 6-81-401 — 6-81-409) › Section 6-81-401 - Creation and purpose

A revolving loan fund of three hundred thousand dollars ($300,000) is provided for making loans to the students of the University of Arkansas in order to assist worthy young men and women who are residents of Arkansas to pursue their studies at the university.
Acts 1925, No. 115, § 1; Pope's Dig., § 13174; A.S.A. 1947, § 80-2830; Acts 1991, No. 902, § 1.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 4 - UNIVERSITY OF ARKANSAS REVOLVING LOAN FUND (§§ 6-81-401 — 6-81-409) › Section 6-81-402 - Eligibility

Any person who is a student in the University of Arkansas and who is a bona fide resident of this state shall be eligible to participate under the provisions of this subchapter.
Acts 1925, No. 115, § 2; Pope's Dig., § 13175; A.S.A. 1947, § 80-2831.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 4 - UNIVERSITY OF ARKANSAS REVOLVING LOAN FUND (§§ 6-81-401 — 6-81-409) › Section 6-81-403 - Board of Trustees to accept or reject applications

The Board of Trustees of the University of Arkansas shall annually review and approve a procedure to accept or reject applications for loans from the revolving loan fund.
Acts 1925, No. 115, § 4; Pope's Dig., § 13177; A.S.A. 1947, § 80-2833; Acts 1993, No. 455, § 1.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 4 - UNIVERSITY OF ARKANSAS REVOLVING LOAN FUND (§§ 6-81-401 — 6-81-409) › Section 6-81-404 - Promissory note - Interest

The person securing a loan shall give his or her promissory note with interest to be established by the Board of Trustees of the University of Arkansas which shall be not less than four percent (4%) nor more than eight percent (8%) per annum.
Acts 1925, No. 115, § 3; Pope's Dig., § 13176; Acts 1955, No. 226, § 1; A.S.A. 1947, § 80-2832; Acts 1991, No. 902, § 2.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 4 - UNIVERSITY OF ARKANSAS REVOLVING LOAN FUND (§§ 6-81-401 — 6-81-409) › Section 6-81-405 - Maximum loan amount

Not more than the full cost of tuition shall be loaned to any one (1) person in any one (1) academic year under the provisions of this subchapter.
Acts 1925, No. 115, § 3; Pope's Dig., § 13176; Acts 1955, No. 226, § 1; A.S.A. 1947, § 80-2832; Acts 1991, No. 902, § 3.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 4 - UNIVERSITY OF ARKANSAS REVOLVING LOAN FUND (§§ 6-81-401 — 6-81-409) › Section 6-81-406 - Rules as to repayment

The Board of Trustees of the University of Arkansas shall establish rules regarding the manner and time of the repayment of the note.
Amended by Act 2019, No. 315,§ 394, eff. 7/24/2019.
Acts 1925, No. 115, § 4; Pope's Dig., § 13177; A.S.A. 1947, § 80-2833.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 4 - UNIVERSITY OF ARKANSAS REVOLVING LOAN FUND (§§ 6-81-401 — 6-81-409) › Section 6-81-407 - Defenses invalid

The statute of limitations shall not run against notes made pursuant to this subchapter, nor shall the fact that the maker of the note may be a minor when the note is executed impair its validity.
Acts 1925, No. 115, § 3; Pope's Dig., § 13176; Acts 1955, No. 226, § 1; A.S.A. 1947, § 80-2832.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 4 - UNIVERSITY OF ARKANSAS REVOLVING LOAN FUND (§§ 6-81-401 — 6-81-409) › Section 6-81-408 - Interest added to revolving perpetual fund

The interest on the notes when paid in shall be added to the revolving loan fund and the whole sum shall be used as a revolving perpetual fund to carry out the purposes of this subchapter.
Acts 1925, No. 115, § 5; Pope's Dig., § 13178; A.S.A. 1947, § 80-2834.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 4 - UNIVERSITY OF ARKANSAS REVOLVING LOAN FUND (§§ 6-81-401 — 6-81-409) › Section 6-81-409 - Disbursement of funds

The disbursing agent of the University of Arkansas is authorized to draw the sums referred to in this subchapter in cash from the State Treasury as they may be needed, but not exceeding forty thousand dollars ($40,000) at any one (1) time.
Acts 1925, No. 115, § 7; Pope's Dig., § 13179; A.S.A. 1947, § 80-2835; Acts 1991, No. 902, § 4.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 6 - TEACHER OPPORTUNITY PROGRAM (§§ 6-81-601 — 6-81-610) › Section 6-81-601 - Purpose

There is an existing need in the state to enhance the academic expertise of employed teachers in Arkansas by providing opportunities for them to pursue additional college instruction related to their employment.
Acts 1987, No. 331, § 1; 2005, No. 2196, § 1.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 6 - TEACHER OPPORTUNITY PROGRAM (§§ 6-81-601 — 6-81-610) › Section 6-81-602 - Establishment

There is established a program to be known as the "Teacher Opportunity Program".
Acts 1987, No. 331, § 2; 2005, No. 2196, § 2.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 6 - TEACHER OPPORTUNITY PROGRAM (§§ 6-81-601 — 6-81-610) › Section 6-81-603 - Administration

(a)
The Teacher Opportunity Program shall be administered by the Division of Higher Education, which shall have the authority to establish necessary rules, procedures, and selection criteria for the administration of the program and to designate necessary forms and schedules.
(b)
The division may utilize an appropriate advisory committee to assist it in its responsibilities in this program.
Amended by Act 2019, No. 315,§ 395, eff. 7/24/2019.
Amended by Act 2019, No. 910,§ 2023, eff. 7/1/2019.
Acts 1987, No. 331, § 5; 2005, No. 2196, § 3.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 6 - TEACHER OPPORTUNITY PROGRAM (§§ 6-81-601 — 6-81-610) › Section 6-81-604 - Conditions

The Division of Higher Education may make initial and continuing grants to students under the following conditions:
(1)
Grant recipients shall be bona fide residents of the State of Arkansas, as defined by the Division of Higher Education;
(2)
Grant recipients shall maintain current certification with the Division of Elementary and Secondary Education, allowing them to be employed by the public schools in Arkansas;
(3)
Grant recipients shall be currently employed as teachers or administrators in Arkansas and declare an intention to continue that employment in Arkansas;
(4)
Grant recipients shall be enrolled in an eligible accredited college or university in Arkansas;
(5)
Grant recipients shall be enrolled in college-level courses directly related to their employment as certified by the Commissioner of Elementary and Secondary Education; and
(6)
Grant recipients shall maintain a grade point average in their college work of no less than 2.5 on a 4.0 scale or maintain an appropriate equivalent as determined by the Division of Higher Education.
Amended by Act 2019, No. 910,§ 2024, eff. 7/1/2019.
Acts 1987, No. 331, § 3; 2005, No. 2196, § 4.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 6 - TEACHER OPPORTUNITY PROGRAM (§§ 6-81-601 — 6-81-610) › Section 6-81-605 - Grants - Priority

(a)
(1)
The first priority for the award of funds under the Teacher Opportunity Program is the award of reimbursements for additional education in:
(A)
Science, technology, engineering, or mathematics fields;
(B)
Computer science;
(C)
Literacy or reading;
(D)
Prekindergarten education; or
(E)
Special education.
(2)
If funds are available after all awards are made under subdivision (a)(1) of this section, then additional reimbursements may be made in accordance with the following:
(A)
A student may receive reimbursements up to but not in excess of the cost of his or her student fees, books, and instructional supplies at the public institution of higher education in this state assessing the highest rate of student fees;
(B)
The reimbursements made to one (1) student within one (1) fiscal year may not exceed the costs associated with six (6) semester credit hours or the equivalent of six (6) semester credit hours; and
(C)
All other requirements established by the Division of Higher Education are met.
(b)
(1)
The Division of Higher Education shall determine priorities for awarding reimbursements if there are more applicants than funds available.
(2)
Priorities shall be determined in coordination with the Division of Elementary and Secondary Education and shall be based on the needs of the state.
Amended by Act 2019, No. 910,§ 2026, eff. 7/1/2019.
Amended by Act 2019, No. 910,§ 2025, eff. 7/1/2019.
Amended by Act 2017, No. 160,§ 1, eff. 8/1/2017.
Acts 1987, No. 331, § 3; 2005, No. 2196, § 5; 2009, No. 1214, § 1.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 6 - TEACHER OPPORTUNITY PROGRAM (§§ 6-81-601 — 6-81-610) › Section 6-81-606 - Discrimination prohibited

This subchapter shall in no way discriminate on the basis of race, color, national origin, religion, sex, or area of teacher education.
Acts 1987, No. 331, § 4.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 6 - TEACHER OPPORTUNITY PROGRAM (§§ 6-81-601 — 6-81-610) › Section 6-81-607 - Definitions

As used in this subchapter:
(1)
"Classroom teacher" means an individual who is required to hold a teaching license from the Division of Elementary and Secondary Education and who is:
(A)
Engaged directly in instruction with students in a classroom setting for more than seventy percent (70%) of the individual's contracted time;
(B)
A media specialist or librarian;
(C)
A guidance counselor; or
(D)
An administrator;
(2)
"Dual licensure" means licensure to teach in more than one (1) subject area; and
(3)
"Student" means a classroom teacher who is attending an institution of higher education for additional education in:
(A)
Science, technology, engineering, or mathematics fields;
(B)
Computer science;
(C)
Literacy or reading;
(D)
Prekindergarten education; or
(E)
Special education.
Amended by Act 2019, No. 910,§ 2027, eff. 7/1/2019.
Amended by Act 2017, No. 160,§ 2, eff. 8/1/2017.
Acts 2005, No. 2196, § 6; 2009, No. 1214, § 2.
Arkansas Code of 1987 (2023) › Title 6 - EDUCATION (§§ 6-1-101 — 6-87-104) › Subtitle 6 - POSTSECONDARY EDUCATION - FINANCIAL ASSISTANCE PROGRAMS (§§ 6-80-101 — 6-85-604) › Chapter 81 - STUDENT LOANS (§§ 6-81-101 — 6-81-2008) › Subchapter 6 - TEACHER OPPORTUNITY PROGRAM (§§ 6-81-601 — 6-81-610) › Section 6-81-608 - Dual Licensure Incentive Program

(a)
There is created the Dual Licensure Incentive Program to encourage classroom teachers currently employed by school districts in the state to return to college to obtain licensure in one (1) or more additional subject areas.
(b)
The program shall be administered by the Division of Higher Education.
(c)
(1)
A classroom teacher returning to college as a student may receive a reimbursement not to exceed the cost of student fees, books, and instructional supplies.
(2)
The student fee reimbursement amount shall be based on the student fees of the state-supported institution of higher education that assesses the highest rate of student fees in this state.
(d)
The reimbursement made to a classroom teacher returning to college as a student in one (1) fiscal year may not exceed the cost associated with six (6) semester credit hours or the equivalent of six (6) semester credit hours.
Amended by Act 2019, No. 910,§ 2028, eff. 7/1/2019.
Acts 2005, No. 2196, § 6; 2009, No. 1214, § 3.