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.