Scholarship, student outcomes, current achievers, GPA, credit-accumulation, graduation rates, college students, funding
In 2008, legislation passed to dramatically increase a small merit-aid program—the Arkansas Academic Challenge Scholarship (ACS) using newly created funds from the Arkansas Lottery. The expansion of this program created three unique groups of students eligible for funding: Prior Recipients, Traditional Recipients, and Current Achievers. Recent research from the Department of Education Reform at the University of Arkansas investigates how the scholarship influenced student outcomes for Current Achievers, who were already enrolled in college at the time the money was distributed. The study also investigates whether GPA, credit accumulation, and graduation rates vary depending on which year of college students were in when they received funding.
McKenzie, S., McGee, J., Reid, C. A., & Goldstein, J. S. (2021). Does the Timing of Money Matter? A Case Study of the Arkansas Academic Challenge Scholarship. Policy Briefs. Retrieved from https://scholarworks.uark.edu/oepbrief/157