Arkansas Academic Challenge Scholarship

Name: Arkansas Academic Challenge Scholarship

Award Amount:

• 4-Year Institutions: $1,000 (Freshman), $4,000 (Sophomore), $4,000 (Junior), $5,000 (Senior)
• 2-Year Institutions: $1,000 (Freshman), $3,000 (Sophomore)

Information And Eligibility:
The Arkansas Academic Challenge Scholarship provides significant financial assistance to Arkansas residents pursuing higher education. Funded primarily by the Arkansas Scholarship Lottery, this scholarship is available to a broad range of students, including recent high school graduates, current college students, first-time enrollees, and those re-enrolling after a break in their education. It is designed to make higher education accessible and affordable while encouraging students to maintain academic progress and graduate on time.

Eligibility Requirements:

• Traditional Students:
  • Must have an ACT composite or superscore of at least 19 (or equivalent).
  • Enroll in at least 12 credit hours in the first fall semester post-graduation and at least 15 credit hours each subsequent semester.
  • Complete 27 credit hours in the first academic year and 30 credit hours each year thereafter while maintaining a minimum 2.5 cumulative GPA.
• Non-Traditional Students:
  • For those with some college credit: Must have a cumulative college GPA of at least 2.5.
  • For those with no college credit: Must have an ACT composite or superscore of at least 19 (or equivalent).

Additional Benefits:

• Encourages students to complete their degrees on time by setting credit hour and GPA requirements.
• Supports both traditional and non-traditional students in achieving their educational goals.
• Funded primarily by the Arkansas Scholarship Lottery, allowing students to benefit from a sustainable source of financial aid.
• Available for a variety of post-secondary education paths, including 2-year and 4-year institutions.

Application Process:

• Submit the Free Application for Federal Student Aid (FAFSA) to determine eligibility.
• Complete the Arkansas Academic Challenge Scholarship application through the ADHE portal.

Application Deadline: July 1 annually

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