Title: Agenda Item No. 12
1Agenda Item No. 12 Technical Certificate in
Viticulture, Technical Certificate in Enology,
and Department of Viticulture and Enology
Arkansas Tech University
- Scientific Study
- Viticulture - grape growing
- Enology - winemaking
- Economic Development
- Tourism
- Entrepreneurs
2Agenda Item No. 13Technical Certificate and
Associate of Applied Science in Transportation
and Logistics TechnologyMid-South Community
College
- Builds on skills included in the existing
Certificate of - Proficiency in Warehousing and Distribution
Center - Operations.
- Students prepared for employment as material
- handlers, transportation/shipping managers,
- distribution schedulers and supervisors,
dispatch - managers, and operations auditors.
- Program funded with grants from National Science
- Foundation, ADTEC, and the Arkansas Department
- of Career Education.
3Agenda Item No. 14 Associate of Applied Science
in Occupational Therapy Assistant East Arkansas
Community College
- Funded by Community-Based Job Training grant from
- the United States Department of Labor to
increase allied - health training opportunities in the Arkansas
Delta. - Prepares students to become licensed Occupational
- Therapy Assistants.
- EACC seeking program accreditation from the
Accreditation - Council for Occupational Therapy Education.
4Agenda Item No. 15Associate of Applied Science
in Culinary ArtsTechnical Certificate in Baking
ArtsNorthWest Arkansas Community College
- Careers as chefs, culinary educators,
entrepreneurs, - and food marketing/brokerage sales
representatives - Careers as bakers assistants, pastry chefs,
- and cake decorators
- 150-hour internship
5Agenda Item No. 16Bachelor of Arts in Modern
LanguagesUniversity of Arkansas at Monticello
- Students study in Spanish and French
- And, have supportive hours in Latin and Japanese
- or German
- Study Abroad experiences
6Agenda Item No. 17 Bachelor of Fine Arts in
Dance Performance University of Arkansas at
Little Rock
- Will be the only Dance degree in Arkansas.
- Currently, students go outside Arkansas for
dance - degrees.
-
- Compliments the existing Bachelor of Arts in
Theatre - degree and the existing minor in Dance.
7Agenda Item No. 18
- Institutional Certification
- Advisory Committee
- Report and Resolutions
8ICAC Members
- Dr. Jerol Swaim Arkansas Non-Public College
- Mr. Kent Schroeder Private Career School
- Mr. Ken Hoppe Arkansas Non-Public College
- Ms. Deborah Germany Department of Career
Education - Mr. Ron Kelton Private Career School
- Mr. Dan Jordan Arkansas Resident
- Dr. Jeffrey Olson Arkansas Public College
- Dr. Jack Lassiter Arkansas Public University
- Ms. Brenda Germann Board of Private Career
Education
9Program Review Criteria
- Accreditation Recognized by the United States
Department of Education or Council for Higher
Education Accreditation - National
- Regional
- Specialized
- Licensure and Agency Approvals
- Arkansas State Board of Nursing
- State Board Approvals
- Curriculum
- Degree Range
- Arkansas General Education Requirements
- Faculty
- Credentials Comparable to Arkansas Faculty
- Resources
- Financial Documents (Bonds)
- Library
- Student Support
- Financial Aid
- Site Visits
10Curricular Criteria
- Degree Range
- Associate of Arts 60 to 64 semester hours, 90
to 96 quarter hours - Associate of Applied Science 60 to 72 semester
hours, 90 to 108 quarter hours - Bachelor 120 to136 semester hours, 180 to 204
quarter hours - Masters minimum of 30 graduate semester hours,
45 quarter hours beyond the baccalaureate degree - Doctoral minimum of 72 graduate semester
hours, 108 graduate quarter hours - 42 graduate-only semester hours, 63 quarter hours
beyond masters degree
11Curricular Criteria
- General Education Requirements
- Arkansas requirements
- Associate of Applied Science
- 15 hours, 22.5 quarter hours
- Associate of Arts, Associate of Science, Bachelor
- 35 hours, 53 quarter hours
12Certification Review Process
- ADHE Staff recommendations
- Initial certification for two years
- Recertification up to five years
- ICAC discussion and vote to recommend
13Tuition and Enrollment2008-2009
ICAC Colleges and Universities Traditional
Delivery Onsite 3,355 Distance Delivery
Online 4,602
Total 7,957 29
institutions authorized to offer degrees to
Arkansas residents 12 campuses located in
Arkansas Arkansas Public Independent Colleges
and Universities Traditional Delivery Onsite
138,207 Distance Delivery Online
62,827 Total 201,034
4 of students attending a college or university
in Arkansas attend an ICAC institution
14Average Tuition Per Credit Hour
- Out-of-state 4-year public institutions offering
courses in Arkansas - are in line with Arkansas tuition.
- For-Profit institutions range from 225 - 600
depending on - degree level.
15ICAC Quarterly Meeting June 30, 2009Program
Proposals10 Institutions
- Distance Delivery
- Capella University Minneapolis, Minnesota
- Chamberlain College of Nursing Addison,
Illinois - DeVry University Naperville, Illinois
- Grand Canyon University Phoenix, Arizona
- Kaplan University Davenport, Iowa
- Regis University Denver, Colorado
- Strayer University Washington, D.C.
- Walden University Minneapolis, Minnesota
- Little Rock Locations
- ITT Technical Institute
- Strayer University
16Recertifications
- Capella University
- Programs initially certified by ADHE July 2003
- recertified July 2005
- Bachelor of Science in Business
- Bachelor of Science in Information Technology
- Master of Science in Organization and Management
- Master of Science in Information Technology
- Master of Business Administration
- Doctor of Philosophy in Organization and
Management - Regis University
- Programs initially certified by ADHE October 2006
- Bachelor of Science in Accounting
- Bachelor of Science in Business Administration
- Bachelor of Science in Computer Networking
- Bachelor of Science in Computer Science
- Bachelor of Science in Finance
- Bachelor of Science in Nursing
17New Institutions Initial Program Certification
- Chamberlain College of Nursing Online Degree
- RN to Bachelor of Science in Nursing Degree
Completion - Maximum of 80 transferred hours
- General Education completion 26 hours
- 39 hours of degree requirements
- Accreditation
- Higher Learning Commission of the North Central
Association - National League for Nursing Accrediting
Commission - Commission on Collegiate Nursing Education
- Agency review and approval
- Arkansas State Board of Nursing
18- Program Admission
- Unencumbered U.S. professional Registered Nursing
license - Associate degree or diploma in nursing
- 2.0 GPA
- Minimum of C in all previous nursing courses
- Degree Requirements
- 126 semester credit hours
- Clinical Instruction
- Special learning projects in lieu of clinical
instruction/practice - -Capstone course
- -Evidence-based practice
19Strayer University, West Little Rock Campus
Projected date of campus opening Fall
2009Projected date for start of classes Fall
2010
- Location based on feasibility study
- Focus on target population of working adults age
25-44 - Focus on existing institutions in the area
- Metropolitan statistical area similar to areas
where Strayer located - Greensboro, North Carolina
- Greenville, South Carolina
- Site Visits
- Conducted at Memphis campus by ICAC Coordinator
- Conducted at proposed Little Rock sites by
Strayer administrators - and ICAC Coordinator
20- Degrees
- Proposed Business degrees approved for Strayer
University Online April 24, 2009 - Two new Business degrees proposed for West Little
Rock and online - Master of Public Administration
- Master of Health Services Administration
-
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22Agenda Item No. 19 Letters of Notification
- 20 Program Deletions
- (ANC, ASUJ, MSCC, UAF UALR)
- 17 New Certificates
- (undergraduate - 14, graduate - 3)
- 2 New Degrees
- (EACC UCA)
23Agenda Item No. 21
- Economic Feasibility of Bond Issue for South
Arkansas Community College
24Relevant Information
- 3.59 million for 30 years _at_ 5.0
- Educational General purposes
- Proceeds will be used to construct a Health
Sciences building
25Relevant Financial Information
- Budgeted 2009-10 Net Tuition and Fee Revenues
- (3,300,262 - 52,115) . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . - Maximum Allowable Debt Service (3,248,147 x 25)
. . . . . . . . . - Estimated Local Tax Revenue. . . . . . . . . . .
. . . . . . . . . . . . . . . . . . - Maximum Debt Service (324,713/ 120). . . . . .
. . . . . . . . . . . . . . - Total Allowable Debt Service . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . - Existing Debt Service . . . . . . . . . . .. . .
. . . . . . . . . . . . . . . . . . . . . . - Proposed Debt Service . . . . . . . . . . . . .
.. . . . . . . . . . . . . . . . . . . . . - Amount Remaining for Additional Debt Service . .
. . . . . . . . . . . . . .
3,248,147
812,037
324,713
270,594
1,082,631
- 58,339
- 234,000
790,292
26Agenda Item No. 22
- Economic Feasibility of Loan for
- Arkansas State University Mountain Home
27Relevant Information
- 2.5 million for 20 years _at_ 5.50
- Educational General purposes
- Proceeds will be used to complete construction on
the Community Development Center
28Relevant Financial Information
- Budgeted 2009-10 Net Tuition and Fee Revenues
- (2,889,836 - 156,000) . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . - Maximum Allowable Debt Service (2,733,836 x 25)
. . . . . . . . -
- Estimated Local Tax Revenue . . . . . . . . . .
. . . . . . . . . . . . . . . . - Maximum Debt Service (1,050,000/ 120). . . . .
. . . . . . . . . . . - Total Allowable Debt Service . . . . . . . . . .
. . . . . . . . . . . . . . . . . - Existing Debt Service . . . . . . . . . . .. . .
. . . . . . . . . . . . . . . . . . . - Proposed Debt Service . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . - Amount Remaining for Additional Debt Service . .
. . . . . . . . . . .
2,733,836
683,459
1,050,000
875,000
1,558,459
- 970,000
- 210,000
378,459
29Agenda Item No. 23
- Economic Feasibility of Bond Issue for Northwest
Arkansas Community College
30Relevant Information
- 10.66 million for 30 years _at_ 5.0
- Educational General Purposes
- Proceeds will be used to purchase property
adjacent to the main campus as an extension of
EG instructional space and offices
31Relevant Financial Information
- 2008-09 Local Tax Revenue . . . . . . . . . . . .
. . . . . . . . . . -
- Maximum Allowable Debt Service
- (7,236,620/120) . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . - Existing Debt Service . . . . . . . . . . . . . .
. . . . . . . . . . . . . . - Proposed Debt Service . . . . . . . . . . . . . .
. . . . . . . . . . . . - Amount Remaining for Additional Debt Service . .
. . . . .
7,236,620
6,030,517
- 1,580,850
- 619,165
3,830,502
32Agenda Item No. 24
Proposed Changes to Higher Education Bond
- Henderson State University
- School of Nursing Building allocation revised to
1,904,388 - Cossatot Community College of the UA
- Instructional Equipment Upgrades and Replacement
allocation revised to 91,000 - Critical Maintenance and ADA Compliance
Updates/Renovation allocation revised to 443,500 - Pulaski Technical College
- Business Office Technology Building allocation
revised to 4,795,708
33Agenda Item No. 25
- Certification of Intercollegiate Athletic
Revenues and Expenditures for 2009-10
34Relevant Information
Athletic fee per student semester credit hour
Institution 2008-09 Athletic Fee 2009-10 Athletic Fee Increase per SSCH
ASUJ 12.00 12.00
ATU 11.00 11.50 .50
HSU 10.50 11.50 1.00
SAUM 11.00 12.00 1.00
UAF
UAFS 10.00 12.00 2.00
UALR 13.62 14.00 .38
UAM 10.00 11.00 1.00
UAPB 14.25 14.25
UCA 13.00 14.00 1.00
NAC
35Relevant Information
- Percentages of funds supporting athletic budgets
(excluding UAF) - Athletic generated revenues 19.4
- Other Auxiliary profits 14.7
- Educational and General transfer 18.2
- Student Athletic fees - 39.5
- Other Athletic income 8.3
36Agency Updates
Agenda Item No. 2
37Donald W. Reynolds Tri-State Cup
Graduate Category 1st Place UAs Tears for Life
team takes first place. Carol Reeves, Bessie
Williams, Jared Greer and Jordan Greer.
Undergraduate Category 1st Place JBUs
Progressive Solutions team takes first
place. Left to right is Angela Langer, Drew
Cleaver, Mandy Moore, Kirena Duffel, and Clayton
Anderson.
38ADHE New Employees
- Nancy Sparks, Career Pathways Site Auditor
- Previously worked as the Director of Training for
Transitional Employment Assistance (TEA) case
managers for the Department of Workforce Services
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40Short-term Training Projects that align with CPI
program on Two-year college campuses
- Equipment for existing Labs
- Computers for CRC learning centers
- Ancillaries for Allied Health Programs
- Technical program enhancements
- Mobile lab for TEA Clients
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42President Obama's new American Graduation
Initiative
- Goal for America by 2020, this nation will once
again have the highest proportion of college
graduates in the world. - Expand course offerings and offer dual enrollment
at high schools and universities, promote the
transfer of credit among colleges, and align
graduation and entrance requirements of high
schools, community colleges, and four-year
colleges and universities.
43The Gap - Difference in Annual Degrees
Currently Produced and Annual Degrees Needed to
Meet Benchmark
15,343 Arkansas share of needed production
slide 43
44- Goal Arkansas will reach the Southern Regional
Education Boards (SREB) average for citizens
holding bachelors degrees by 2015. - Increase the current production of bachelors
degrees by 64 (7,098 more graduates per year)
each of the next six years to reach the SREB
average.
45Associate and Bachelors Degrees Needed to Become
the Most Educated Country by 2020
Additional Annual Degree Production Needed
150,528 per Year
Current Annual Degree Production 2,252,212
Increase in State and Local Funding at Current
Cost per FTE
Note Assumes private institutions will maintain
current share
slide 45
46 Expenditures on Higher Education Institutions as
a Percentage of GDP, by Source of Fund (2004)
Some levels of education are included with
others Including public subsidies to households
attributable for educational institutions, as
well as including direct expenditure on
educational institutions from international
sources. Net of public subsidies attributable
for educational institutions. Source OECD.
47Academic Challenge Advisory Council
- Develop the rules
- Prioritize adult scholarships
- Advise in the development of the accountability
process - Universal application
48Arkansas Academic Challenge Advisory Council
- Dr. Jim Purcell, Director, ADHE
- Dr. Diana Julian, Interim Commissioner
- Arkansas Department of Education
- Dr. Tom Kimbrell, Executive Director
- Arkansas Association of Educ. Admin.
- Mr. Charles Evans, Associate Executive Director,
Arkansas Education Association - Mr. Dan Farley, Executive Director
- Arkansas School Boards Association
- Mr. Kim Arnall, Assistant Director
- Arkansas Bureau of Legislative Research
- Mrs. Tara Smith, Coord. of Fin. Aid, DHE
-
Co-Chairs Representative Mike Burris and Senator
Robert Thompson
- Ms. Elyse Price, Assistant Coordinator of
Financial Aid, ADHE - Dr. Steven Murray, Chancellor
- Phillips Community College, UA
- Dr. Sally Carder, President
- National Park Community College
- Dr. Robert Potts, Chancellor
- Arkansas State University
- Dr. Walter Kimbrough, President
- Philander Smith College
- Mr. John Jefferson, Fin. Aid Director, Southern
Arkansas University Tech - Dr. Daniel Pugh, Dean of Students
- University of Arkansas
49Percent of County Populationthat hold Bachelors
Higher 2000
Benton 20.3
Washington 24.5
Craighead 20.9
Pope 19.0
Faulkner 25.2
Pulaski 28.1
Arkansas ranked 51st (16.7) Nation-wide in 2000
for Bachelors Higher
Clark 19.8
U.S. Census Bureau Data Set Census 2000 Summary
File 3 (SF 3)
50Percent of County Population(Associate Degree
Holder) 2000
Arkansas ranked 50th (4) Nation-wide in 2000 for
Associate Degree Holders
U.S. Census Bureau Data Set Census 2000 Summary
File 3 (SF 3)
51Where Arkansas Bachelors Degree (and higher)
Holders live (2000)
Pulaski 23.
Arkansas ranked 51st (16.7) Nation-wide in 2000
for Bachelors Higher
60 of all college AR graduates reside in 8
counties
U.S. Census Bureau Data Set Census 2000 Summary
File 3 (SF 3)
52Where Arkansas Associate Degree Holders live
(2000)
58 of all associates degree recipients reside in
12 counties
Arkansas ranked 50th (4) Nation-wide in 2000 for
Associate Degree Holders
U.S. Census Bureau Data Set Census 2000 Summary
File 3 (SF 3)
53Program Viability update
54Program Viability Timeline
- Since the April Coordinating Board meeting, ADHE
has provided initial program viability data to
the CAOs. The 3-year program viability reporting
period was from 2005-06 through 2007-08. New
programs were not included in the viability
report. - During this time, CAOs also submitted information
on existing program review. Over the next 2
months ADHE will review institutional 10-year
program review schedules and institutional
requests for cognate and embedded program
designations. All requests for cognate and
embedded program designations are due now. - After reviewing the requests, ADHE will notify
the presidents, chancellors and CAOs of programs
still not meeting viability standards and
institutions may submit program viability appeals
to ADHE by November 2. - ADHE will send the final list of programs not
meeting viability standards to the institutions
on January 8, 2010, and will present this data at
the Coordinating Board meeting on January 29,
2010. - Not funding of courses recommendation January
2011.
55Preliminary Program Viability Data
- 1,032 (57) of 1,805 programs at the 2-year and
4-year institutions meet the new viability
standards approved in October 2008. - 655 (65) of 996 programs at 4-year institutions
meet new viability standards. - 377 (47) of 809 programs at 2-year institutions
meet new viability standards.
56Agenda Item No. 3Report on Annual Review of
Faculty Performance
- Components of Review
- Description of methods used for review of
performance - Institutional monitoring of the process
- Notable findings
- Plans developed as a result of the findings
- Efforts in working with faculty with demonstrated
deficiencies in the use of the English language - Collaboration between Schools of Education and
public school districts - Overall sense of satisfaction concerning the
faculty performance review
57- Findings
- Performance of all full-time, part-time, and
adjunct faculty were reviewed by self-evaluation,
and evaluations by peers, students, and
supervisors. - Evaluation results were used as basis for
promotion, merit increases, and reappointment
decisions. - The process was seen as valuable for improved
faculty performance and satisfaction and used
most often as basis for professional improvement
plans. - Action was appropriately taken to address the
limited instances of English language
deficiencies reported. - Colleges of Education provide extensive support
and resources for public schools. - Faculty satisfaction with review procedures is
favorable.
58Arkansas Higher Education Coordinating Board
- Agenda Item 4
- Annual Report on College-Going Rate
- July 31, 2009
- Rick Jenkins
- Associate Director for Planning and Accountability
59College-Going Rate
- Fall 2008 Cohort (AY 2009)
- First-Time
- Full-Time
- On-Campus
- High School Diploma or GED
- Arkansas Public and Independent Institutions
6067.2
64.7
63.4
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642008 College-Going Rate by County
65SUMMARY
- College-going rates have remained close to the
national averages over the last several years. - College-going rates only focus on
traditional-aged students at the beginning of the
pipeline. - To achieve higher degree production, retention
and completion must also be considered for
traditional and nontraditional students. - Overall, Arkansas compares favorably with the
nation on the College-Going Rate, but not as well
with graduation or retention rates.
66What is Arkansas Doing to Improve College-Going
Rates?
- College Career-Ready Policy Institute
- Educational Renewal Zones
- Say Go College (http//www.saygocollege.com)
sponsored by Arkansas Department of Higher
Education
67Operating Recommendations
Agenda Item No. 5 July 31, 2009
68How the Recommendation Process Worked for FY 2010
69Original Recommendation July 2008
- Restoration of Funding Reduction in 2008-09 -
34.5 million - A 5 increase in funding above the initial
2008-09 funding
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71Merged with Marked Tree
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74To ASU Newport
75FY 2011
76- Recommendations Include
- The states portion of a 2.3 COLA
- - Total COLA Cost 27 Million
- - States Share 12 Million
- 7.6 Million for initiatives that have been
funded from grants and/or General Improvement
Funds - 0.5 Million to match Federal Land Grant Funds
increase
77Non-Formula Additional Funds
- Arkansas Delta Training and Education Consortium
(ADTEC)/Arkansas Delta Workforce Innovations for
Regional Economic Development (ADWIRED) and the
Crossroads Coalition (3.2 million) - ASU Arkansas Delta Heritage Centers 2.1 million
- UALR Nano-Technology Center (2.3 million)
- UAPB Federal Land Grant Matching Funds
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83Personal Services Recommendations For
Non-Classified Personnel2010-11 Fiscal Year
- Agenda Item No. 6
- July 31, 2009
842010-11 Personal Services
- These recommendations, effective July 1, 2010,
recognize the varying structures and sizes of
institutions, while maintaining reasonable
consistency among positions at similar
institutions. - During the 2009-11 Personal Service Request
process, institutions of higher education
requested positions for a two year term, and were
approved for everything they requested. - Due to this, requests were expected to be
minimal. - Additional recommendations were only made in
emergency situations that could not be addressed
using the growth pools. - ADHE staff reviewed all position requests and
made preliminary recommendations.
85Doctoral 1
Doctoral 3
Masters 4
Masters 5
Bachelors
86Recommendations
- Recommend an increase of 61 positions.
- Increase of 0.22 for a total of 27,364
non-classified positions - Recommend Line Item Maximum
- All positions, unless new positions, would be
increased by 2.3
874-Year Summary Table
882-Year Summary Table
89Arkansas Higher Education Coordinating Board
- Agenda Items 7-11
- Financial Aid Programs
- July 31, 2009
- Tara Smith
- Coordinator for Student Financial Aid
90Higher Education Opportunities Grant
- Known as the Go! Grant
- Need-based grant program that provides assistance
to disadvantaged students - Full-time 1,000 per year
- Part-Time 500 per year
- Renewable for up to 4,000
91Go! Grant ChangesAct 1213 of 2009
- Expanded to include traditional and
non-traditional students - Expanded to include eligibility for students
enrolled in a qualified certificate program - Income requirement
- 25,000 maximum AGI for one (1) in household
- 5,000 increase for additional household members
up to ten (10)
92Military Dependents Scholarship
- Provides financial aid for undergraduate students
that are - Dependents or spouses of MIA, KIA or POW or 100
permanent and total disability - Attending state supported college, university or
technical institute - Must apply for Chapter 35 benefits from the VA
- Waiver of tuition, fees, room and board in excess
of VA benefits
93Military Dependents Scholarship (MDS) ChangesAct
1216 of 2009
- Act 1216 clarified that state assistance from the
MDS Program is limited to the total costs of
tuition, fees, room and meal plan when provided
by the institution - Three (3) months of Dependents Education
Assistance (DEA) benefits are applied to total
covered charges, - The unpaid portion of covered charges is paid by
MDS benefits.
94Law Enforcement Officers Dependents Scholarship
(LEO)
- Provides financial aid for undergraduate students
that are - Dependents/spouses of an Arkansas law enforcement
officer that was killed or totally disabled in
the line-of-duty - Attending state supported college, university or
technical institute - Waiver of tuition, fees and room
95LEO Scholarship Program ChangesAct 1217 of 2009
- Established a continuing eligibility requirement
- Recipients must maintain a 2.0 cumulative GPA
96Governors Scholars Program
- Scholarship program that encourages Arkansass
best brightest high school students to remain
in Arkansas for their college education - Categorized into two (2) designations
- Governors Distinguished Scholarship
- 32 ACT or 1410 SAT and
- 3.5 academic GPA or
- National Merit or National Achievement Finalist
- Governors Scholarship
- 27 ACT or
- 3.5 academic GPA
- Students ranked based on ACT, GPA, Rank In Class
Leadership - Awarded to one (1) student per Arkansas county
97Governors Scholars Program ChangesAct 1218 of
2009
- Requires that an applicant must graduate from an
Arkansas high school to be considered for the
Governors Scholarship designation - Granted authority to ADHE to determine procedures
for awards if number of eligible applicants
exceeds the available funds or available number
of awards.
98Arkansas Health Education Grant(ARHEG)
- Provides assistance for Arkansas residents
attending certain out-of-state health and medical
professional schools - School of Dentistry
- School of Optometry
- School of Veterinary Medicine
- School of Podiatric Medicine
- School of Chiropractic Medicine
- School of Osteopathic Medicine
99ARHEG ChangesAct 488 of 2007
- Created an optometry loan program
- Available for ARHEG recipients attending a school
of optometry that contracts with SREB - Loan amount 5,000 per year
- For every year recipient receives loan, recipient
must practice optometry full-time in Arkansas - Repay loan if recipient does not practice
optometry in Arkansas