Cuts in lottery scholarships challenge Arkansas colleges

Kylie Lacey's picture
Tuesday, June 4, 2013

While the Arkansas Scholarship Lottery seeks to compensate for slumping sales, the state’s colleges and universities are struggling to help incoming freshmen compensate for a decrease of $2,500 in their lottery-funded scholarships.

The Academic Challenge Scholarship is awarded by the Arkansas Department of Higher Education and funded largely by the lottery. When it started in the 2010-11 school year, the scholarship awarded $5,000 to eligible students attending a four-year college and $2,500 to two-year students.

The next year, the award dropped to $4,500 and $2,250 for new recipients while remaining at the higher level for the first group of students. It stayed the same for 2012-13.

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