Aid Programs of the State of Arkansas
NOTE: Specific maintenance requirements exist for the following State of Arkansas scholarships and grants. It is the student’s responsibility to know those scholarship maintenance requirements. They can be found at the Arkansas Department of Higher Education’s website www.adhe.edu
To apply for the following Arkansas grants and scholarships, complete the YOUniversal Application at www.adhe.edu. Completing this one process will be your application for any and all of the following grants or scholarships for which you are eligible.
NOTE: the deadline for the Arkansas Challenge Scholarship application is July 1st of each year. The application deadline for the Governor’s Distinguished Scholarship is February 1st of each year.
The state of Arkansas offers a number of financial aid programs to Arkansas residents who attend college in-state. The availability of, and the requirements governing students’ eligibility for, these programs are subject to change. Thus, applicants from the state of Arkansas should contact the financial aid office or the Arkansas Department of Higher Education (1.800.54.STUDY) or go to www.adhe.edu for the latest information on all state financial aid programs.
The Arkansas Academic Challenge (Lottery) Scholarship program provides annual grants to students who meet specified criteria related to academic performance in high school, and coursework completed in high school. These scholarships amount to between $1,000 and $5,000 per year, depending upon the student’s year in school. Applications are available online at www.adhe.edu and must be submitted by June 15. Students receiving funds through this program must maintain specified credit hour and grade point average requirements to retain their eligibility.
As of July 1, 2019, students selected as National Merit Finalists or students with a composite ACT score of 32 or higher or an SAT of 1410 or higher may be eligible for the Governor’s Distinguished Scholarship. For prospective Lyon students applying for funds for the 2017–18 academic year, this scholarship currently provides an annual stipend in the amount of $10,000. The deadline for this program is February 1 of each year.
Other financial aid may be available to students in the form of special grants offered through the Arkansas Department of Social and Rehabilitative Services and the Veterans Administration. Appropriate state or local offices should be contacted for additional information.