Arkansas Administrative Code
Agency 008 - Department of Higher Education
Division 10 - Financial Aid Division
Rule 008.10.05-005 - Amendments to the Rules of the Arkansas Workforce Improvement Grant Program
Current through Register Vol. 49, No. 9, September, 2024
ARKANSAS WORKFORCE IMPROVEMENT GRANT PROGRAM
RULES AND REGULATIONS
RULE 1 - ORGANIZATION AND STRUCTURE
RULE 2 - GRANT ELIGIBILITY CRITERIA
To be eligible to receive the Arkansas Workforce Improvement Grant (WIG), a student must meet the following requirements:
RULE 3 - APPLICATION PROCESS
Application for the Arkansas Workforce Improvement Grant Program originates through the student's individual initiative. To apply for the Workforce Improvement Grant Program, the student must file the Free Application for Federal Student Aid (FAFSA). Eligible institutions may establish a deadline as needed to administer the program.
An initial first year student must meet the satisfactory academic progress standards required to receive other Federal financial aid (i.e., Pell Grant, College Work-Study, SEOG, loans, etc.) at the institution to be attended. Continuing students must meet the satisfactory academic progress standards of the institution attended.
All students who are classified as Arkansas residents and who plan to enroll in an approved institution may apply.
RULE 4 - AWARD PROCESS
Awards will be made based on the information eligible applicants provide on the Free Application for Federal Student Aid (FAFSA). Awards will be made to eligible applicants who demonstrate the greatest unmet need (excluding student loans); total aid not to exceed the institution's cost of attendance, until funds have been exhausted. Eligible institutions may establish a deadline as needed to administer the program.
RULE 5 - GRANT PAYMENT POLICIES
RULE 6 - INSTITUTIONAL RESPONSIBILITIES
The institution shall maintain information on the student indicating the awarding and disbursement of these funds.
By September 1 of each year, each institution will submit a report to ADHE with a list of students who received the Workforce Improvement Grant in the previous academic year and the amount of funds received by each student. The format for this report will be determined by ADHE in conjunction with the institutions and must be sent electronically.
The institution will exercise due diligence in providing complete, accurate, and timely information as requested by the Arkansas Department of Higher Education on Workforce Improvement Grant recipients. In addition, the institution will exercise due diligence in complying with all the rules and regulations of the Workforce Improvement Grant Program.
The Arkansas Department of Higher Education will periodically review the institution records concerning the Workforce Improvement Grant program to exercise its due diligence requirements as the steward of state and federal funds.
RULE 7 - PROGRAM DEFINITIONS
Unless defined below, all terms applicable to the Workforce Improvement Grant Program are as defined for federal student financial aid programs.
ELIGIBLE INSTITUTION |
a public or private not-for-profit postsecondary institution with primary headquarters located in Arkansas and that is eligible to receive Title IV Federal student aid funds OR only under conditions set forth in A. C. A. 6-82-1007, a public or private nursing school located in Arkansas that is approved by the State Board of Nursing and which does not discriminate against employees on the basis of race, color, religion, sex, age, handicap or national origin, consistent with the provisions of applicable state and federal law. |
ELIGIBLE APPLICANT |
An Arkansas resident over the age of 24 who filed the Free Application for Federal Student Aid (FAFSA) by the deadline established by the eligible institution of the current academic year, has unmet need, is enrolled in a minimum of three (3) semester credit hours at an eligible institution, and is declared an independent student for federal financial aid. |
UNMET NEED |
The Cost of Attendance as calculated using federal regulations and guidelines less the Expected Family Contribution as calculated using Federal Methodology less all other grants, scholarships and financial assistance (not including loans) awarded |
OVERAWARD |
A situation that exists when the student's total financial aid package exceeds the student's need. |