# Ark. Code Ann. § 6-18-2305: Educational scholarships - Disbursement

> Arkansas · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C18_S23_S6-18-2305

## Section

- **Citation:** Ark. Code Ann. § 6-18-2305
- **Heading:** Educational scholarships - Disbursement
- **Jurisdiction:** Arkansas
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** AR Code / Title 6 / Chapter 18 / Subchapter 23 / Section 6-18-2305

## Text

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). Added by Act 2021, No. 904,§ 1, eff. 7/28/2021.

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).

Added by Act 2021, No. 904,§ 1, eff. 7/28/2021.

## Nearby sections

- [Ark. Code Ann. § 6-18-2301 Title](https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C18_S23_S6-18-2301.md)
- [Ark. Code Ann. § 6-18-2302 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C18_S23_S6-18-2302.md)
- [Ark. Code Ann. § 6-18-2303 Creation](https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C18_S23_S6-18-2303.md)
- [Ark. Code Ann. § 6-18-2304 Eligible taxpayer contributions](https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C18_S23_S6-18-2304.md)
- [Ark. Code Ann. § 6-18-2305 Educational scholarships - Disbursement](https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C18_S23_S6-18-2305.md)
- [Ark. Code Ann. § 6-18-2306 Scholarship-granting organizations - Duties](https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C18_S23_S6-18-2306.md)
- [Ark. Code Ann. § 6-18-2307 Department of Finance and Administration and Division of Elementary and Secondary Education - Duties](https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C18_S23_S6-18-2307.md)
- [Ark. Code Ann. § 6-18-2308 Prorated contribution amounts](https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C18_S23_S6-18-2308.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C18_S23_S6-18-2305. Check the current official text before relying on it. Not legal advice.