Arkansas § 6-18-2305 Educational scholarships - Disbursement

Arkansas Statutes

§ 6-18-2305 — Educational scholarships - Disbursement

The average amount of all educational scholarships awarded by a scholarship-granting organization to qualified students under this subchapter shall not exceed:

(1)Eighty percent (80%) of the previous school year's foundation funding amount under § 6-20-2305(a)(2) for qualified students who are in kindergarten through grade eight (K-8); and (2) Ninety percent (90%) of the previous school year's foundation funding amount under § 6-20-2305(a)(2) for qualified students who are in grades nine through twelve (9-12).

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The average amount of all educational scholarships awarded by a scholarship-granting organization to qualified students under this subchapter shall not exceed: (1) Eighty percent (80%) of the previous school year's foundation funding amount under § 6-20-2305(a)(2) for qualified students who are in kindergarten through grade eight (K-8); and (2) Ninety percent (90%) of the previous school year's foundation funding amount under § 6-20-2305(a)(2) for qualified students who are in grades nine through twelve (9-12).

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