AR SB86

Appropriates $4.3 billion for the Department of Higher Education for fiscal year 2016-2017, including $2.4 million for regular salaries and $730,466 for personal services matching

Establishes 49 maximum full-time positions for DHE staff including Director ($203,323), Deputy Director ($146,295), and various Associate Directors and Program Specialists

Appropriates $56.1 million for student assistance grants and scholarships including Arkansas Academic Challenge Scholarships ($25 million), Governor's Scholars ($15.2 million), and various teacher education and workforce programs

Allocates $54.5 million in Outcome-Centered Funding Awards to universities ($40.3 million) and colleges ($14.2 million)

Authorizes additional federal program appropriations totaling $10.2 million for technical education, teacher quality improvement, research development, and health education grants/loans; includes transfer provisions and contingency appropriation authorities for higher education institutions