Arkansas § 6-64-417 - College of Nursing and School of Pharmacy program improvements.
Full text of Arkansas Arkansas Code of 1987 Annotated § 6-64-417 — College of Nursing and School of Pharmacy program improvements., with citation guidance and answers to common questions.
§ 6-64-417. College of Nursing and School of Pharmacy program improvements.
Funds received from the State Board of Collection Agencies under § 17-24-305 by the University of Arkansas for Medical Sciences and any interest earnings on the funds by the university shall be used exclusively as follows: Two-thirds (2/3) of the funds shall be used within the College of Nursing for: Scholarships and stipends for nursing students who are candidates for bachelor's or master's degrees or degrees beyond a master's degree; and Salary improvements for purposes of retaining and attracting nursing school faculty; and One-third (1/3) of the funds shall be used within the School of Pharmacy for: Scholarships and stipends for pharmacy students; Facility improvements required to expand the enrollment of pharmacy students; and Salary improvements for purposes of retaining and attracting pharmacy school faculty. The Dean of the College of Nursing shall allocate the funds made available to the College of Nursing under this section. The Graduate Nurse Educator Loan and Scholarship Board shall make recommendations to the dean regarding the recipients of annual awards, stipends, and scholarships. A recipient of a scholarship or stipend under this subsection must be a resident of the State of Arkansas. The Dean of the School of Pharmacy shall allocate the funds made available to the School of Pharmacy under this section. Using financial aid and academic performance data, the College of Pharmacy Awards and Financial Aid Committee will make recommendations to the faculty regarding the recipients of annual awards, stipends, and scholarships. A recipient of a stipend or scholarship under this subsection: Must be a resident of the State of Arkansas; Is not required to repay a stipend or scholarship; and Is not required to enter into any agreement with the university or School of Pharmacy requiring the recipient to practice pharmacy in any area of Arkansas after graduation in exchange for a stipend or scholarship. The university shall report annually the utilization of the funds received by the College of Nursing under this section to the Legislative Council and the Arkansas Legislative Commission on Nursing. Scholarships and other awards under this section may be granted in addition to other funds awarded to a student under other scholarship and assistance programs.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 6-64-417
What does Arkansas Code of 1987 Annotated § 6-64-417 cover?
Section 6-64-417 ("College of Nursing and School of Pharmacy program improvements.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 6-64-417?
A common citation format is "Arkansas Code of 1987 Annotated § 6-64-417" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 6-64-417 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.