Quick Answer: Does the Arkansas Lottery Scholarship automatically renew?

How much is the AR lottery scholarship?

The Arkansas Concurrent Challenge Award provides financial incentives to eligible Arkansas high school students who want to get an early start on college courses. The scholarship pays $125 per credit for up to two concurrent credit courses per semester.

How many people get the Arkansas Governor’s scholarship?

Governor’s Distinguished Scholarships –

If funding allows, up to 375 Governor’s Distinguished Scholars may be named. If a county in Arkansas does not have a Distinguished Scholar, the highest-ranking applicant from that county will be awarded a Governor’s Scholarship at $5,000 per year.

What is the Arkansas Challenge scholarship deadline?

The application deadline is July 1 of a student’s senior year in high school.

What is the Arkansas future grant?

Arkansas Future (ArFuture) is the newest state grant program. The purpose of this grant is to increase the education and skills of Arkansas’s workforce in an affordable manner. The grant applies to students enrolled in Science, Technology, Engineering, and Math (STEM) or regional high-demand areas of study.

What is Governor scholarship?

This scholarship was named ‘Governor Scholarship’ to recognize the contribution of the Central Bank Governor in policy formulation and economic development of the country. Page 2. Education is one of the key sustainability pillars of the Bank.

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Does the Arkansas Challenge scholarship transfer?

The Arkansas Department of Higher Education shall send funds to the institution via electronic funds transfer or state warrant. … A recipient who has received an Academic Challenge Scholarship may transfer the scholarship or loan to another approved Arkansas institution of higher education, provided that: 1.

What is National Merit finalist?

Those who score in the top 1% achieve the distinction of National Merit Semifinalist. Most of these students move on to become National Merit Finalists, with some winning scholarship money for college. Being named a National Merit Semifinalist is a huge achievement along the path to college.

Do you have to apply for the Arkansas Challenge scholarship?

Students must apply at least 30 days prior to enrollment in an eligible program. … Act 465, the Arkansas Concurrent Challenge Scholarship, will be available in January 2020 and applications must be made through the student’s public high school.

How many hours do you have to have for the Arkansas Lottery scholarship?

Maintaining Eligibility for an Arkansas Lottery Scholarship

You must successfully complete 27 semester hours of college during your first year of college and 30 semester hours every year after that. You can still be eligible for a scholarship as a part-time student, but your award amount will be reduced.