The Arkansas Academic Lottery is a program that helps Arkansas residents pay for college. In this article, I am going to explain how you can win the Arkansas academic lottery, in other words, the Arkansas Scholarship lottery.
There are thousands of academic scholarships on the internet (Scholarships in 2024) which can be beneficial to spring students from across the world. Among them is the Arkansas scholarship lottery!
To be eligible, you must be a resident for at least a year and a US citizen or permanent resident. You also cannot have already gotten a bachelor’s degree or have more than 120 credit hours.
There are two main types of students this scholarship applies to: traditional and non-traditional. Traditional students are those entering college right after high school. They need to take at least 15 credit hours each semester and maintain a 2.5 GPA to keep the scholarship. They also need a minimum ACT score of 19.
Non-traditional students can be adults going back to school or people who have already started college but never finished. They can take less than 15 credit hours but will get a prorated scholarship amount. They also need to maintain a 2.5 GPA to keep the scholarship.
The scholarship amount varies depending on the type of school you go to and what year you are in. The most you can get is $5,000 per year for a four-year college and $3,000 per year for a two-year college.
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Are you an Arkansas resident looking for financial aid to attend college? The Arkansas Academic Challenge Scholarship can help! This scholarship program offers funding to both recent high school graduates and adult learners pursuing a degree or certificate at approved institutions in the state.
Contents
Who qualifies? Arkansas Academic Lottery
- Basic Requirements: Be an Arkansas resident for at least 12 months, a US citizen or permanent resident, and not have a bachelor’s degree or more than 120 credit hours.
- Traditional Students: Entering college right after high school. Need a minimum ACT score of 19 (or equivalent), enrol in at least 15 credit hours each semester, and maintain a 2.5 GPA.
- Non-Traditional Students: Adults returning to school or those with some college credit but no degree. Can enroll in less than 15 credit hours (scholarship amount prorated), but must maintain a 2.5 GPA.
How much can you get?
The scholarship amount varies depending on the type of school and your year of study. Now calmly go through this list and re-read for you to get it clear. Here’s a breakdown:
Four-Year Colleges:
- Freshman Year: $1,000
- Sophomore Year: $4,000
- Junior Year: $4,000
- Senior Year: $5,000
Two-Year Colleges:
- Freshman Year: $1,000
- Sophomore Year: $3,000
How to Apply for Arkansas Academic Lottery
- Fill out the Free Application for Federal Student Aid (FAFSA) by August 1st.
- Submit your application for the Arkansas Academic Challenge Scholarship by July 1st.
Additional Things to Know: Arkansas Academic Lottery
- The scholarship renews annually as long as you meet eligibility requirements.
- You can use the scholarship for programs leading to an associate’s degree, a bachelor’s degree, or a qualified certificate.
- There are options to use the remaining scholarship semesters for graduate school at an Arkansas institution (certain conditions apply).
Don’t miss out on this valuable opportunity! Visit the official program website (https://sams.adhe.edu/Scholarship/Details/ACST) for complete details and application materials. They also have information on alternative tests you can take to qualify if the ACT isn’t your strong suit.
You can apply for the scholarship by filling out the Free Application for Federal Student Aid (FAFSA) by August 1st. The deadline to apply is July 1st.
Read more about the Arkansas Academic Lottery here
