(a) A student is eligible to receive an Arkansas Concurrent Challenge Scholarship under this subchapter for an academic semester or academic year during which the student is enrolled in an endorsed concurrent enrollment course or certificate program if the student:
(1) Is an Arkansas resident or, if the student is less than twenty-one (21) years of age, either the student or one (1) parent of the student is an Arkansas resident; and
(2)
(A) Submits a student success plan as described under § 6-15-2911(b).
(B) The student success plan required under subdivision (a)(2)(A) of this section for a student who is enrolled in an endorsed concurrent enrollment course or certificate program shall:
(i) Be prepared in consultation with:
(a) School personnel, the student, and the student's parent or legal guardian; or
(b) A college advisor; and
(ii) Include:
(a) An endorsed concurrent enrollment course or certificate program that is relevant to the student's success plan; and
(b) Measures that ensure the successful completion of the endorsed concurrent enrollment course or certificate program in which the student is enrolled.
(b)
(1) A student successfully completes an endorsed concurrent enrollment course or a course taken towards the completion of a certificate program under this subchapter if he or she completes the course or program and receives a minimum letter grade of “C” or the equivalent.
(2)
(A) A student who fails to successfully complete an endorsed concurrent enrollment course or a course taken towards the completion of a certificate program under this subchapter shall:
(i) Retain eligibility for a scholarship under this subchapter; and
(ii) Enroll in only one (1) endorsed concurrent enrollment course or course required for the completion of a certificate program for the semester immediately following the semester in which the student failed to successfully complete an endorsed concurrent enrollment course or course taken towards the completion of a certificate program.
(B) However, if a student fails an endorsed concurrent enrollment course or a course taken towards the completion of a certificate program under this subchapter a second time, the student shall be ineligible to reapply for a scholarship under this subchapter.
(c) A student whose enrollment in a vocational center is reimbursable under § 6-51-305 is not eligible for a scholarship under this subchapter.