Student Loan Guarantee Foundation of Arkansas

The foundation selected universities in Arkansas to participate in a pilot program to fund scholarships to students who had previously dropped out of school and were in need of financial aid to complete their course of study. Students were selected by committees from their respective universities, each of whom was to receive up to $5,000 per semester in order to complete their degree. The foundation intends to encourage the institutions to increase the distribution of scholarship funds.during the Fiscal Year ended 9/30/2024, twenty four schools composed of both public and private institutions were invited to participate. A total of 55 scholarships were funded as a result of this program.