Arkansas Code
Subchapter 9 - Succeed Scholarship Program
§ 6-41-905. Scholarship payments — Funding

(a) The maximum scholarship available under the Succeed Scholarship Program is the foundation funding amount for the current school year under § 6-20-2305.
(b) The amount of the scholarship shall be the amount calculated under subsection (a) of this section or the amount of tuition and fees for the private school, whichever is less.
(c) Scholarship payments shall be disbursed in equal amounts on a monthly basis by the Division of Elementary and Secondary Education or another state agency, person, firm, or corporation designated by the division to administer and disburse funds.
(d) Beginning on July 1, 2015, the division shall prepare a budget, including cost estimates and projections so that a separate appropriation can be made for the program for the 2016-2017 school year.
(e) The program shall be funded separately from the Public School Fund and other funds or appropriations designated for public schools.
(f) The program shall not be funded with county, city, or school district tax revenues.

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