To be eligible for any Arkansas grant funds, students must also complete a Free Application for Federal Student Aid (FAFSA) available by clicking here. Grants and scholarships of particular interest to students include:
semester of the freshman year following high school graduation and 15 hours each semester thereafter. In addition, the Arkansas Scholarship Lottery has funding provisions for nontraditional students to receive the Arkansas Challenge Scholarship. They must complete 15
hours each consecutive semester for full-time and complete at least 6 semester hours for part-time (excluding summer terms). To apply for this scholarship,click here.
Recipients may receive up to $1,500 per academic year for full-time attendance; $750 per
academic year for half-time attendance. Scholars must agree to teach in the Delta or in a
geographical area of the state in which exists a critical shortage of teachers, as designated by
the State Board of Education. If a student enrolls less than full time, this award will be prorated.
Applications are available from the ASU Mid-South Financial Aid Office.
Amount of Grant:
An Arkansas Future Grant shall be in an amount equal to the tuition, fees, and other charges incurred by an eligible student less the amount received from state-supported scholarships; federal student financial assistance; and private scholarships.
If the approved institution of higher education in which the student is enrolled is a four-year institution of higher education, the total amount of tuition, fees, and other charges shall be calculated as the average cost of tuition, fees, and other charges at approved two-year institutions of higher education.
Grants will be awarded on a first come, first serve basis in the order in which applications are received from eligible students.
Grant funds will be distributed directly to the institution of higher education on behalf of the student.
Grant Recipient Requirements:
A student who receives an Arkansas Future Grant shall enter into a written agreement with the Department of Higher Education to receive monthly mentoring from a mentor from an organization determined by the Department of Higher Education; and complete at least fifteen (15) hours of community service each semester the student receives a grant; and reside in this state for three (3) consecutive years and be employed beginning within six (6) months after receiving an associate degree or a certification.
If the student fails to meet this requirement the grant will convert into a loan at an interest rate and term determined by the Department of Higher Education.