LITTLE ROCK, Ark. (AP) - State lawmakers and parents are upset that fewer than half of those who applied for scholarships funded by the state lottery were awarded a scholarship. Arkansas Higher Education Director Jim Purcell said Wednesday that 25,445 Arkansas Academic Challenge scholarships were awarded out of 54,533 applications.
Purcell said Friday that lawmakers who believe there is more money for scholarships are referring to a spreadsheet issued last year and revised several times since. He says the total cost of the scholarships for the fall semester is not final and that more accurate numbers will be provided next week.
The scholarships are $5,000 a year for students attending four-year colleges and $2,500 a year for those attending two-year schools.