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Arkansas · Snapshot open-us-law v2026.08, retrieved 2026-09-17

Ark. Code Ann. § 6-81-1404: Eligibility and requirements for loans

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Where this section sits in the code
  1. AR Code
  2. Title 6
  3. Chapter 81
  4. Subchapter 14

(a) 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. (b) The board may, depending upon available funds, make a loan to an applicant under this subchapter when it determines that the applicant: (1) 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; (2) Warrants financial assistance to complete his or her nursing studies; (3) Has signed a written agreement to: (A) Upon graduation and licensure and for the period of time specified by rule promulgated by the board: (i) Teach in a nursing education program in the State of Arkansas; or (ii) Engage in practice as a registered nurse or licensed practical nurse in the State of Arkansas; and (B) 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 (4) Is a lawful resident of the State of Arkansas. Acts 2003, No. 84, § 6; 2009, No. 9, § 3.

(a) 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.

(b) The board may, depending upon available funds, make a loan to an applicant under this subchapter when it determines that the applicant: (1) 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; (2) Warrants financial assistance to complete his or her nursing studies; (3) Has signed a written agreement to: (A) Upon graduation and licensure and for the period of time specified by rule promulgated by the board: (i) Teach in a nursing education program in the State of Arkansas; or (ii) Engage in practice as a registered nurse or licensed practical nurse in the State of Arkansas; and (B) 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 (4) Is a lawful resident of the State of Arkansas.

(1) 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;

(2) Warrants financial assistance to complete his or her nursing studies;

(3) Has signed a written agreement to: (A) Upon graduation and licensure and for the period of time specified by rule promulgated by the board: (i) Teach in a nursing education program in the State of Arkansas; or (ii) Engage in practice as a registered nurse or licensed practical nurse in the State of Arkansas; and (B) 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

(A) Upon graduation and licensure and for the period of time specified by rule promulgated by the board: (i) Teach in a nursing education program in the State of Arkansas; or (ii) Engage in practice as a registered nurse or licensed practical nurse in the State of Arkansas; and

est at the maximum legal rate if the applicant fails to fulfill the requirements of the board under this subchapter; and

(A) Upon graduation and licensure and for the period of time specified by rule promulgated by the board: (i) Teach in a nursing education program in the State of Arkansas; or (ii) Engage in practice as a registered nurse or licensed practical nurse in the State of Arkansas; and

(i) Teach in a nursing education program in the State of Arkansas; or

(ii) Engage in practice as a registered nurse or licensed practical nurse in the State of Arkansas; and

(B) 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

(4) Is a lawful resident of the State of Arkansas.

Collected 2026-09-17T21:35:43Z. Source file · JSON

Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text. Source · License

Arkansas electronic product files were republished by Public.Resource.Org under a public-domain mark. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows. Source

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