| 1 | 1 | | Stricken language would be deleted from and underlined language would be added to present law. |
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| 2 | 2 | | *TNL207* 02/13/2025 1:16:20 PM TNL207 |
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| 3 | 3 | | State of Arkansas 1 |
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| 4 | 4 | | 95th General Assembly A Bill 2 |
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| 5 | 5 | | Regular Session, 2025 HOUSE BILL 1480 3 |
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| 6 | 6 | | 4 |
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| 7 | 7 | | By: Representative Andrews 5 |
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| 8 | 8 | | 6 |
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| 9 | 9 | | 7 |
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| 10 | 10 | | For An Act To Be Entitled 8 |
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| 11 | 11 | | AN ACT TO AMEND THE ARKANSAS ACADEMIC CHALLENGE 9 |
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| 12 | 12 | | SCHOLARSHIP PROGRAM; TO AMEND THE DEFINITION OF 10 |
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| 13 | 13 | | "APPROVED INSTITUTION OF HIGHER EDUCATION"; AND FOR 11 |
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| 14 | 14 | | OTHER PURPOSES. 12 |
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| 15 | 15 | | 13 |
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| 16 | 16 | | 14 |
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| 17 | 17 | | Subtitle 15 |
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| 18 | 18 | | TO AMEND THE ARKANSAS ACADEMIC CHALLENGE 16 |
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| 19 | 19 | | SCHOLARSHIP PROGRAM; AND TO AMEND THE 17 |
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| 20 | 20 | | DEFINITION OF "APPROVED INSTITUTION OF 18 |
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| 21 | 21 | | HIGHER EDUCATION". 19 |
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| 22 | 22 | | 20 |
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| 23 | 23 | | BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: 21 |
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| 24 | 24 | | 22 |
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| 25 | 25 | | SECTION 1. Arkansas Code § 6 -85-204(3), concerning the definition of 23 |
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| 26 | 26 | | "approved institution of higher education" under the Arkansas Academic 24 |
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| 27 | 27 | | Challenge Scholarship Program, is amended to read as follows: 25 |
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| 28 | 28 | | (3)(A) “Approved institution of higher education” means an 26 |
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| 29 | 29 | | institution of higher education approved by the division to participate in 27 |
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| 30 | 30 | | the Arkansas Academic Challenge Scholarship Program and that is: 28 |
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| 31 | 31 | | (i) A state-supported two-year or four-year college 29 |
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| 32 | 32 | | or university; 30 |
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| 33 | 33 | | (ii) A private, nonprofit two -year or four-year 31 |
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| 34 | 34 | | college or university with its primary headquarters located in Arkansas that 32 |
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| 35 | 35 | | is eligible to receive Title IV federal student aid funds; 33 |
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| 36 | 36 | | (iii) An approved school of nursing, subject to the 34 |
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| 37 | 37 | | provisions of § 6-85-213(c); 35 |
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| 38 | 38 | | (iv)(a) A public or private vocational -technical 36 HB1480 |
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| 39 | 39 | | |
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| 40 | 40 | | 2 02/13/2025 1:16:20 PM TNL207 |
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| 41 | 41 | | school. 1 |
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| 42 | 42 | | (b) A public or private vocational -technical 2 |
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| 43 | 43 | | school shall be bonded and insured; or 3 |
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| 44 | 44 | | (v)(a) A public or private technical institute. 4 |
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| 45 | 45 | | (b) A public or private technical institute 5 |
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| 46 | 46 | | shall be bonded and insured ; or 6 |
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| 47 | 47 | | (vi) A training program that offers a certificate 7 |
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| 48 | 48 | | upon completion and that is part of a state -supported two-year or four-year 8 |
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| 49 | 49 | | college or university, including without limitation the Arkansas Fire 9 |
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| 50 | 50 | | Training Academy. 10 |
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| 51 | 51 | | (B) An approved institution of higher education that is a 11 |
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| 52 | 52 | | private, nonprofit two -year or four-year college or university shall be 12 |
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| 53 | 53 | | eligible to receive Title IV federal student aid funds; 13 |
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