The University of Arkansas at Little Rock announced this week a new scholarship that would ensure recipients owe $0 toward tuition of a bachelor’s degree.
The scholarship was coined the “Trojan Guarantee” and applies to recipients who qualify for Pell grants and are awarded the Arkansas Academic Challenge Scholarship.
UA Little Rock is one of three Arkansas universities that recently announced a step toward debt-free degrees. In September, both the University of Central Arkansas and Arkansas State University reported programs that are breaking down the financial barrier between low-income households and higher education.
“This program represents an opportunity for students to expect more for themselves and their future, without accumulating significant debt,” Chancellor Christina Drale wrote in a press release.
The scholarship would be limited to all first-time and transferring full-time freshmen at UA Little Rock. It’s available as early as the 2024 fall semester and would cover all four years worth of tuition for a bachelor’s degree. About 200 students are expected to receive it at the start of the next school year, according to the press release.