Arkadelphia Promise to cover tuition for grads
Nov. 16, 2010 at 5:16 a.m.
ARKADELPHIA, Ark. (AP) - Graduates of Arkadelphia High School will receive full college scholarships next year, thanks to a new program that will pay the difference between lottery scholarships and the cost of tuition and fees at public schools in Arkansas.
The Arkadelphia Promise scholarship program was announced Tuesday night. The new program - modeled after the successful El Dorado Promise, which provides full college scholarships for graduates there - goes into effect for the class of 2011.
The program is funded by the Ross Foundation, which manages timberlands held for conservation purposes, and Southern Bancorp, the nation's largest rural development bank.
Scholarships funded by the Arkansas lottery are now $5,000 for students attending four-year schools and $2,500 for students attending two-year schools. A student must have a 2.75 GPA to qualify.
The Arkadelphia Promise will pay the difference in mandatory tuition and fees at any accredited public college or university in Arkansas.
The scholarship can go toward any accredited two-year or four-year school in the country, but the amount is based on the highest tuition charged at a public school in Arkansas.