Table of Contents
Introduction
As students embark on the journey of higher education, the financial aspect often stands as a significant hurdle. The Arkansas Academic Challenge Scholarship (ACST) strives to alleviate this burden for Arkansas residents. This blog post serves as a comprehensive guide for students, especially non-traditional ones, looking to apply for this valuable scholarship. The ACST is a program funded by the Arkansas Scholarship Lottery, providing financial assistance to students at various stages of their academic pursuits.
Background
The Arkansas Academic Challenge Program aims to support Arkansas residents seeking higher education, irrespective of their academic status. Whether a recent high school graduate, a current college student, or someone returning to college after a hiatus, the ACST welcomes applications from all eligible candidates.
Benefits
Deadline
- Annual Deadline: July 1 2024
Award Amount
- 4 Year Institutions: $1,000 freshman year | $4,000 sophomore year | $4,000 junior year | $5,000 senior year
- 2 Year Institutions: $1,000 freshman year | $3,000 sophomore year
Eligibility Criteria
Traditional Students
- ACT composite score or superscore of at least 19
- Begin attendance with at least 12 credit hours the first Fall semester after high school graduation
- Maintain at least 2.5 cumulative GPA and earn specified credit hours each academic year
Non-Traditional Students
- Some or no college credit required
- Cumulative college GPA of at least 2.5 (for those with college credit)
- ACT composite score of at least 19 (for those without college credit)
- Maintain GPA and earn specified credit hours based on enrollment status
Application Process
- Complete the Free Application for Federal Student Aid (FAFSA)
- Ensure compliance with additional eligibility criteria
- Non-traditional students may apply if not previously awarded
Important Dates
- Annual Application Deadline: July 1 2024
Additional Information
- Students are not required to reapply each semester.
- Renewal is contingent on meeting eligibility requirements annually.
- Alternative tests, like the Accuplacer, are accepted.
- Stacking Law may affect scholarship amount if exceeding the Federal Cost of Attendance Budget.
Conclusion
The Arkansas Academic Challenge Scholarship is a beacon of financial support for Arkansas residents pursuing higher education. By understanding the eligibility criteria, application process, and key dates, students can unlock the doors to educational opportunities. For complete details, refer to the program’s rules and regulations.
