Arkansas § 6-81-1404 - Eligibility and requirements for loans.
Full text of Arkansas Arkansas Code of 1987 Annotated § 6-81-1404 — Eligibility and requirements for loans., with citation guidance and answers to common questions.
§ 6-81-1404. Eligibility and requirements for loans.
Any person who is enrolled in or has been accepted for admission to an approved school of nursing in this state or a nationally accredited school outside the state in a course of study leading to qualification as a registered nurse, licensed practical nurse, or nursing educator shall be eligible to make application to the Arkansas State Board of Nursing for a loan under this subchapter. The board may, depending upon available funds, make a loan to an applicant under this subchapter when it determines that the applicant: Is enrolled in or has been accepted for admission to an approved school of nursing in this state or a nationally accredited school outside the state in studies leading to qualification as a registered nurse, licensed practical nurse, or nursing educator; Warrants financial assistance to complete his or her nursing studies; Has signed a written agreement to: Upon graduation and licensure and for the period of time specified by rule promulgated by the board: Teach in a nursing education program in the State of Arkansas; or Engage in practice as a registered nurse or licensed practical nurse in the State of Arkansas; and Repay each loan with interest at the maximum legal rate if the applicant fails to fulfill the requirements of the board under this subchapter; and Is a lawful resident of the State of Arkansas.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 6-81-1404
What does Arkansas Code of 1987 Annotated § 6-81-1404 cover?
Section 6-81-1404 ("Eligibility and requirements for loans.") 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 § 6-81-1404?
A common citation format is "Arkansas Code of 1987 Annotated § 6-81-1404" (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 § 6-81-1404 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.