The Arkansas Lottery Scholarship is a merit-based scholarship program that provides financial assistance to eligible Arkansas students attending college in the state. The scholarship was created by the Arkansas Lottery Act of 2009 and is funded by a portion of the proceeds from the Arkansas Lottery. To be eligible for the scholarship, students must meet certain criteria, including having a minimum ACT score of 19 or a minimum SAT score of 970, and maintaining a certain GPA. The scholarship amount varies depending on the student’s financial need and the cost of attendance at their chosen college.

The Arkansas Lottery Scholarship has been a great success since its inception. The scholarship has helped to make college more affordable for thousands of Arkansas students, and it has also helped to improve the state’s college-going rate. In addition, the scholarship has had a positive impact on the Arkansas economy, as it has helped to attract and retain talented students in the state.

The Arkansas Lottery Scholarship is an important program that has made a significant difference in the lives of many Arkansas students. The scholarship has helped to make college more affordable, improve the state’s college-going rate, and boost the Arkansas economy.

Arkansas Lottery Scholarship

The Arkansas Lottery Scholarship is a merit-based scholarship program that provides financial assistance to eligible Arkansas students attending college in the state. The scholarship was created by the Arkansas Lottery Act of 2009 and is funded by a portion of the proceeds from the Arkansas Lottery. To be eligible for the scholarship, students must meet certain criteria, including having a minimum ACT score of 19 or a minimum SAT score of 970, and maintaining a certain GPA. The scholarship amount varies depending on the student’s financial need and the cost of attendance at their chosen college.

• Eligibility: Based on academic merit and financial need
• Funding: Funded by the Arkansas Lottery
• Amount: Varies based on financial need and cost of attendance
• Impact: Has helped make college more affordable for thousands of Arkansas students
• Success: Has helped to improve the state’s college-going rate
• Economy: Has had a positive impact on the Arkansas economy
• Importance: A significant program that has made a difference in the lives of many Arkansas students
• Future: Continues to be an important investment in the education of Arkansas students

The Arkansas Lottery Scholarship has been a great success since its inception. The scholarship has helped to make college more affordable for thousands of Arkansas students, and it has also helped to improve the state’s college-going rate. In addition, the scholarship has had a positive impact on the Arkansas economy, as it has helped to attract and retain talented students in the state. The scholarship is an important program that has made a significant difference in the lives of many Arkansas students, and it will continue to be an important investment in the education of Arkansas students for years to come.

Eligibility: Based on academic merit and financial need

The Arkansas Lottery Scholarship is a merit-based scholarship program that provides financial assistance to eligible Arkansas students attending college in the state. The scholarship is funded by a portion of the proceeds from the Arkansas Lottery. To be eligible for the scholarship, students must meet certain criteria, including having a minimum ACT score of 19 or a minimum SAT score of 970, and maintaining a certain GPA. The scholarship amount varies depending on the student’s financial need and the cost of attendance at their chosen college.

The eligibility criteria for the Arkansas Lottery Scholarship are important because they ensure that the scholarship is awarded to students who are both academically and financially needy. The ACT and SAT scores are used to measure academic achievement, while the GPA is used to measure academic performance. The financial need requirement ensures that the scholarship is awarded to students who need financial assistance to attend college. There are thousands of students who benefit from this scholarship, allowing them to pursue higher education.

The Arkansas Lottery Scholarship has a positive impact on the state of Arkansas. The scholarship helps to make college more affordable for Arkansas students, which in turn helps to improve the state’s economy. College graduates are more likely to be employed and to earn higher salaries than those with only a high school diploma. They are also more likely to be involved in their communities and to make a positive contribution to the state.

Funding

The Arkansas Lottery Scholarship is funded by a portion of the proceeds from the Arkansas Lottery. This means that the scholarship is funded by the money that people spend on lottery tickets. The Arkansas Lottery is a state-run lottery that offers a variety of games, including Powerball, Mega Millions, and Lotto America. The lottery is popular in Arkansas, and it generates a significant amount of revenue each year. A portion of this revenue is used to fund the Arkansas Lottery Scholarship.

• Facet 1: The Arkansas Lottery is a significant source of revenue for the state of Arkansas.

  In 2021, the Arkansas Lottery generated over $500 million in revenue. This revenue is used to fund a variety of programs and services in the state, including the Arkansas Lottery Scholarship.

• Facet 2: The Arkansas Lottery Scholarship is a major investment in the education of Arkansas students.

  The scholarship provides financial assistance to thousands of Arkansas students each year. This assistance helps to make college more affordable and accessible for Arkansas students.

• Facet 3: The Arkansas Lottery Scholarship has a positive impact on the Arkansas economy.

  The scholarship helps to keep talented students in Arkansas. These students are more likely to get good jobs and contribute to the state’s economy.

• Facet 4: The Arkansas Lottery Scholarship is a success story.

  The scholarship has helped to make college more affordable for thousands of Arkansas students. It has also helped to improve the state’s college-going rate and boost the Arkansas economy.

The Arkansas Lottery Scholarship is a great example of how the lottery can be used to fund important programs and services. The scholarship is a major investment in the education of Arkansas students, and it has a positive impact on the state’s economy.

Amount

The amount of the Arkansas Lottery Scholarship varies based on the financial need of the student and the cost of attendance at their chosen college. This is an important aspect of the scholarship because it ensures that the scholarship is awarded to students who need it the most. The financial need of a student is determined by their family’s income and assets. The cost of attendance at a college includes tuition, fees, room and board, and other expenses. By taking both of these factors into account, the Arkansas Lottery Scholarship is able to provide the most financial assistance to the students who need it the most.

For example, a student with a high financial need and a low cost of attendance may receive a larger scholarship award than a student with a lower financial need and a higher cost of attendance. This ensures that the scholarship is distributed fairly and that the students who need it the most are able to benefit from it.

The amount of the Arkansas Lottery Scholarship is also important because it can make a significant difference in the ability of a student to attend college. For many students, the cost of college is a major barrier to obtaining a higher education. The Arkansas Lottery Scholarship can help to remove this barrier and make college more affordable for thousands of Arkansas students.

Impact

The Arkansas Lottery Scholarship has had a significant impact on the affordability of college for thousands of Arkansas students. Before the scholarship was created, many students from low-income families were unable to afford to attend college. The scholarship has helped to level the playing field and make college more accessible to all students, regardless of their financial background.

• Facet 1: The Arkansas Lottery Scholarship has helped to increase the college-going rate in Arkansas.

  Before the scholarship was created, only about 55% of Arkansas high school graduates went on to college. Today, that number is over 65%. The scholarship has made a significant contribution to this increase by making college more affordable for many students.

• Facet 2: The Arkansas Lottery Scholarship has helped to improve the quality of the Arkansas workforce.

  College graduates are more likely to be employed and to earn higher salaries than those with only a high school diploma. They are also more likely to be involved in their communities and to make a positive contribution to the state. The Arkansas Lottery Scholarship has helped to improve the quality of the Arkansas workforce by making it possible for more students to attend college.

• Facet 3: The Arkansas Lottery Scholarship has helped to boost the Arkansas economy.

  College graduates are more likely to start businesses and to create jobs. They are also more likely to be involved in the community and to volunteer their time. The Arkansas Lottery Scholarship has helped to boost the Arkansas economy by making it possible for more students to attend college and contribute to the state.

The Arkansas Lottery Scholarship has been a great success story. The scholarship has helped to make college more affordable for thousands of Arkansas students, improve the quality of the Arkansas workforce, and boost the Arkansas economy. The scholarship is a major investment in the future of Arkansas, and it is making a real difference in the lives of Arkansas students and families.

Success

The Arkansas Lottery Scholarship has been a major factor in improving the state’s college-going rate. Before the scholarship was created, only about 55% of Arkansas high school graduates went on to college. Today, that number is over 65%. The scholarship has made a significant contribution to this increase by making college more affordable for many students.

• Facet 1: The scholarship has helped to make college more affordable for low-income students.

  The Arkansas Lottery Scholarship is a merit-based scholarship, but it also takes financial need into account. This means that the scholarship is most beneficial to low-income students who would not be able to afford to attend college without financial assistance.

• Facet 2: The scholarship has helped to raise awareness of the importance of higher education.

  The Arkansas Lottery Scholarship has been a major public relations campaign for higher education in Arkansas. The scholarship has helped to raise awareness of the importance of higher education and the benefits of a college degree. This has led to more students enrolling in college and completing their degrees.

• Facet 3: The scholarship has helped to create a college-going culture in Arkansas.

  The Arkansas Lottery Scholarship has helped to create a college-going culture in Arkansas. More and more students are now expected to go to college, and there is less stigma associated with attending a community college or technical school. This has led to more students pursuing higher education and achieving their goals.

The Arkansas Lottery Scholarship has been a great success story. The scholarship has helped to make college more affordable, raise awareness of the importance of higher education, and create a college-going culture in Arkansas. The scholarship has made a real difference in the lives of many Arkansas students and families, and it will continue to do so for years to come.

Economy

The Arkansas Lottery Scholarship has had a positive impact on the Arkansas economy in a number of ways. First, the scholarship has helped to keep talented students in Arkansas. College graduates are more likely to stay in the state where they attended college, and they are more likely to start businesses and create jobs. Second, the scholarship has helped to attract new businesses to Arkansas. Companies are more likely to locate in states with a well-educated workforce, and the Arkansas Lottery Scholarship has helped to improve the quality of the Arkansas workforce.

• Facet 1: The scholarship has helped to keep talented students in Arkansas.

  Before the scholarship was created, many talented Arkansas students were leaving the state to attend college. This was a major brain drain for Arkansas, and it was hurting the state’s economy. The scholarship has helped to keep talented students in Arkansas by making it more affordable for them to attend college in the state. This has led to a more educated workforce and a stronger economy.

• Facet 2: The scholarship has helped to attract new businesses to Arkansas.

  Companies are more likely to locate in states with a well-educated workforce. The Arkansas Lottery Scholarship has helped to improve the quality of the Arkansas workforce, and this has made the state more attractive to businesses. In recent years, a number of new businesses have located in Arkansas, and this has helped to create jobs and boost the economy.

• Facet 3: The scholarship has helped to create a more diverse economy.

  The Arkansas Lottery Scholarship has helped to create a more diverse economy in Arkansas. In the past, the state’s economy was heavily dependent on agriculture and manufacturing. However, the scholarship has helped to attract new businesses to the state, and this has helped to diversify the economy. This has made the state’s economy more resilient and less vulnerable to economic downturns.

• Facet 4: The scholarship has helped to improve the quality of life in Arkansas.

  The Arkansas Lottery Scholarship has helped to improve the quality of life in Arkansas. College graduates are more likely to be involved in their communities and to volunteer their time. They are also more likely to be healthy and to have access to quality healthcare. The scholarship has helped to create a better educated, healthier, and more engaged citizenry in Arkansas.

The Arkansas Lottery Scholarship has been a major investment in the future of Arkansas. The scholarship has helped to make college more affordable, improve the quality of the Arkansas workforce, attract new businesses to the state, and create a more diverse economy. The scholarship has also helped to improve the quality of life in Arkansas. The scholarship is a major success story, and it is making a real difference in the lives of Arkansas students and families.

Importance

The Arkansas Lottery Scholarship is a significant program that has made a difference in the lives of many Arkansas students. The scholarship provides financial assistance to eligible Arkansas students attending college in the state. The scholarship has helped to make college more affordable for thousands of Arkansas students, and it has also helped to improve the state’s college-going rate. In addition, the scholarship has had a positive impact on the Arkansas economy.

One of the most important aspects of the Arkansas Lottery Scholarship is that it is merit-based. This means that the scholarship is awarded to students who have demonstrated academic achievement. This is important because it ensures that the scholarship is going to students who are most likely to succeed in college. The scholarship also takes financial need into account, which ensures that the scholarship is going to students who need it most.

The Arkansas Lottery Scholarship has had a significant impact on the lives of many Arkansas students. The scholarship has helped to make college more affordable, improve the state’s college-going rate, and boost the Arkansas economy. The scholarship is a major investment in the future of Arkansas, and it is making a real difference in the lives of Arkansas students and families.

Here are some specific examples of how the Arkansas Lottery Scholarship has made a difference in the lives of Arkansas students:

• The scholarship has helped to make college more affordable for thousands of Arkansas students. In the 2021-2022 academic year, the scholarship provided over $100 million in financial assistance to Arkansas students.
• The scholarship has helped to improve the state’s college-going rate. Before the scholarship was created, only about 55% of Arkansas high school graduates went on to college. Today, that number is over 65%.
• The scholarship has helped to boost the Arkansas economy. College graduates are more likely to be employed and to earn higher salaries than those with only a high school diploma. They are also more likely to be involved in their communities and to make a positive contribution to the state.

The Arkansas Lottery Scholarship is a significant program that has made a difference in the lives of many Arkansas students. The scholarship is a major investment in the future of Arkansas, and it is making a real difference in the lives of Arkansas students and families.

Future

The Arkansas Lottery Scholarship is an important investment in the education of Arkansas students. The scholarship provides financial assistance to eligible Arkansas students attending college in the state. The scholarship has helped to make college more affordable for thousands of Arkansas students, and it has also helped to improve the state’s college-going rate. In addition, the scholarship has had a positive impact on the Arkansas economy.

• Facet 1: The scholarship helps to ensure that Arkansas has a well-educated workforce.

  College graduates are more likely to be employed and to earn higher salaries than those with only a high school diploma. They are also more likely to be involved in their communities and to make a positive contribution to the state.

• Facet 2: The scholarship helps to attract and retain talented students in Arkansas.

  The scholarship makes it more affordable for talented Arkansas students to attend college in the state. This helps to ensure that Arkansas has a strong pool of talent to draw from for its workforce.

• Facet 3: The scholarship helps to boost the Arkansas economy.

  College graduates are more likely to start businesses and to create jobs. They are also more likely to be involved in the community and to volunteer their time. This helps to create a more vibrant and prosperous economy.

• Facet 4: The scholarship helps to improve the quality of life in Arkansas.

  College graduates are more likely to be healthy and to have access to quality healthcare. They are also more likely to be involved in their communities and to make a positive contribution to the state. This helps to create a better quality of life for all Arkansans.

The Arkansas Lottery Scholarship is a wise investment in the future of Arkansas. The scholarship helps to ensure that Arkansas has a well-educated workforce, attracts and retains talented students, boosts the economy, and improves the quality of life for all Arkansans.

Arkansas Lottery Scholarship FAQs

This section provides answers to frequently asked questions (FAQs) about the Arkansas Lottery Scholarship. These answers are intended to provide concise and accurate information about the scholarship’s eligibility, benefits, and application process.

Question 1: Who is eligible for the Arkansas Lottery Scholarship?

Arkansas high school graduates who meet certain academic and financial criteria are eligible to apply for the scholarship. Applicants must have a minimum ACT score of 19 or a minimum SAT score of 970, and they must maintain a certain GPA. Financial need is also considered in the scholarship application process.

Question 2: What are the benefits of the Arkansas Lottery Scholarship?

The Arkansas Lottery Scholarship provides financial assistance to eligible students attending college in Arkansas. The amount of the scholarship varies depending on the student’s financial need and the cost of attendance at their chosen college.

Question 3: How do I apply for the Arkansas Lottery Scholarship?

Students can apply for the Arkansas Lottery Scholarship online through the Arkansas Department of Higher Education website. The application deadline is typically in March of each year.

Question 4: What is the deadline to apply for the Arkansas Lottery Scholarship?

The deadline to apply for the Arkansas Lottery Scholarship is typically in March of each year. Students are encouraged to apply early to ensure that their applications are considered.

Question 5: When will I know if I have been awarded the Arkansas Lottery Scholarship?

Students will typically be notified of their scholarship award in the spring or summer following the application deadline.

Question 6: What should I do if I have questions about the Arkansas Lottery Scholarship?

Students with questions about the Arkansas Lottery Scholarship can contact the Arkansas Department of Higher Education at (501) 371-2050 or [email protected].

These are just a few of the most frequently asked questions about the Arkansas Lottery Scholarship. For more information, please visit the Arkansas Department of Higher Education website.

Summary: The Arkansas Lottery Scholarship is a merit-based scholarship that provides financial assistance to eligible Arkansas students attending college in the state. The scholarship is funded by a portion of the proceeds from the Arkansas Lottery. To be eligible for the scholarship, students must meet certain academic and financial criteria. The scholarship amount varies depending on the student’s financial need and the cost of attendance at their chosen college.

Transition to the next article section: For more information about the Arkansas Lottery Scholarship, please visit the Arkansas Department of Higher Education website.

Tips for Applying for the Arkansas Lottery Scholarship

The Arkansas Lottery Scholarship is a merit-based scholarship that provides financial assistance to eligible Arkansas students attending college in the state. The scholarship is funded by a portion of the proceeds from the Arkansas Lottery. To be eligible for the scholarship, students must meet certain academic and financial criteria. The scholarship amount varies depending on the student’s financial need and the cost of attendance at their chosen college.

Here are some tips for applying for the Arkansas Lottery Scholarship:

Tip 1: Start early. The Arkansas Lottery Scholarship application deadline is typically in March of each year. Students are encouraged to apply early to ensure that their applications are considered.

Tip 2: Complete the application carefully. The Arkansas Lottery Scholarship application is available online through the Arkansas Department of Higher Education website. Students should take their time completing the application and make sure that all of the information is accurate.

Tip 3: Submit all required materials. In addition to the application, students must also submit a high school transcript, ACT or SAT scores, and a letter of recommendation. Students should make sure that all of the required materials are submitted by the deadline.

Tip 4: Meet the eligibility requirements. To be eligible for the Arkansas Lottery Scholarship, students must meet certain academic and financial criteria. Students should carefully review the eligibility requirements before applying for the scholarship.

Tip 5: Apply for other scholarships. The Arkansas Lottery Scholarship is just one of many scholarships available to Arkansas students. Students should apply for as many scholarships as they can to increase their chances of receiving financial assistance.

Summary: By following these tips, students can increase their chances of being awarded the Arkansas Lottery Scholarship. The scholarship can provide significant financial assistance to students attending college in Arkansas.

Transition to the article’s conclusion: For more information about the Arkansas Lottery Scholarship, please visit the Arkansas Department of Higher Education website.

Conclusion

The Arkansas Lottery Scholarship is a merit-based scholarship that provides financial assistance to eligible Arkansas students attending college in the state. The scholarship is funded by a portion of the proceeds from the Arkansas Lottery. To be eligible for the scholarship, students must meet certain academic and financial criteria. The scholarship amount varies depending on the student’s financial need and the cost of attendance at their chosen college.

The Arkansas Lottery Scholarship has been a great success since its inception. The scholarship has helped to make college more affordable for thousands of Arkansas students, and it has also helped to improve the state’s college-going rate. In addition, the scholarship has had a positive impact on the Arkansas economy. The scholarship is an important investment in the future of Arkansas, and it is making a real difference in the lives of Arkansas students and families.