Fiscal Impact Statement
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DATE: 1/12/203
BILL: HB1113,
SPONSOR: Rose
SUBTITLE: Includes an individual or family, licensed or approved as a foster
home, in the definition of 'foster care' and 'foster parent', amends the
number of Succeed Scholarships awarded and scholarship spots
available for students in foster care.
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TOPIC
Succeed Scholarship
AFFECTED FUNDS
Succeed Scholarship – EGA1005
REVENUE IMPACT
No Fiscal Impact
ASSUMPTIONS - BASED ON:
This bill would allow additional foster students to receive an award, however it does not change
the amount of funding available. According to DHS-DCFS monthly data chart there were 4,229
students in foster care in November 2022. The current foundation funding per student is $7,413
per student. Currently $3.3M is provided each year for Succeed Scholarship recipients.
ADDITIONAL COMMENTS
Prepared by the Arkansas Department of Education


Statutes affected:
HB 1113: 6-41-901, 6-41-902, 6-41-906(a)