This week, we want to remind you of a rapidly approaching deadline for incoming and returning college students. The deadline to apply for the Arkansas Academic Challenge Scholarship is July 1.
The Academic Challenge Program provides scholarships to Arkansas residents pursuing a higher education. Funded in large part by the Arkansas Scholarship Lottery, the Academic Challenge Scholarship is available to students just graduating from high school, currently enrolled in college, enrolling in college for the first time, or re-enrolling after a period of time out of college.
In the ten years since its inception, the lottery has raised more than $945 million to help provide more than 542,000 scholarships for college students. More than 92 cents of every dollar of lottery revenue goes to prizes, scholarships, retailer commissions, and other expenses in Arkansas.
Eligibility requirements forArkansas high school students include a minimum composite score on nineteen (19) on the ACT or the equivalent score on an ACT equivalent test.
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Eligibility requirements have been modified due to COVID-19. For students who are receiving Arkansas Challenge, if they were on track to have enough hours and earned satisfactory academic progress until March 27, they are automatically eligible for the Fall 2021 Semester.
To apply, visit the Department of Higher Education’s website,scholarships.adhe.edu, and complete the Arkansas YOUniversal Scholarship Application or download the free YOUniversal app for your smart phone. The online YOUniversal application is your one-stop shop for state and lottery funded financial aid.