This bill aims to amend the existing law regarding the distribution of funds from the Higher Education Grants Fund Account in Arkansas. The primary focus is to ensure that certain funds from this account are specifically allocated for particular students, thereby enhancing the support provided to those in need of financial assistance for their higher education.

The new legal language introduced in this bill clarifies the purpose of the act, emphasizing the importance of targeted funding for students. By making these amendments, the bill seeks to improve the effectiveness of the Higher Education Grants Fund Account in meeting the educational needs of eligible students in the state.