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ScholarshipNeed based

Gil and Kay Starks Endowed Scholarship

University of Arkansas

General Undergraduate Studies

Key Statistics

Grant Amount

Varies by year

Location

Deadline

Varies by year

About this Scholarship

The Gil and Kay Starks Endowed Scholarship is a need-based financial award established to support undergraduate students enrolled at the University of Arkansas. This scholarship honors the legacy of Gil and Kay Starks, whose commitment to education and community service is reflected in the scholarship’s purpose to assist students demonstrating financial need. The fund aims to alleviate some of the financial burdens associated with higher education, enabling recipients to focus more fully on their academic and personal development. While the scholarship primarily targets students with demonstrated financial need, it is open to a broad range of undergraduate disciplines, reflecting the inclusive spirit of the Starks’ philanthropic vision. Recipients are selected based on a combination of financial need and academic standing, ensuring that the award supports students who are committed to their educational goals but require financial assistance to continue their studies. The scholarship amount varies each academic year depending on the endowment’s earnings and the number of recipients. Students interested in applying should consult the University of Arkansas financial aid office or the scholarship webpage for the most current application procedures and deadlines. This scholarship contributes to the university’s broader mission of fostering access to higher education and supporting student success through targeted financial aid programs.

Eligibility & Overview

Financial Grant

Varies by year

Scholarship Type

Need based

What's Covered

Tuition fees
Books and supplies
Living expenses

Description

The Gil and Kay Starks Endowed Scholarship is a financial aid award designed to support undergraduate students at the University of Arkansas who demonstrate significant financial need. Established through an endowment fund, the scholarship reflects the philanthropic commitment of Gil and Kay Starks to education and community development. The scholarship is not restricted to any particular academic discipline, making it accessible to a wide range of students pursuing various fields of study at the university. The selection process prioritizes students who have demonstrated both financial need and satisfactory academic progress. The award amount is determined annually based on the income generated by the endowment fund and the number of eligible applicants. This means the scholarship amount can vary from year to year and may cover partial or full tuition costs, depending on available funds and student need. Recipients are typically required to maintain a minimum GPA and remain enrolled full-time to continue receiving the scholarship in subsequent years. Application deadlines and specific eligibility criteria are subject to change and are published by the University of Arkansas financial aid office. The scholarship is part of the university’s broader financial aid program aimed at increasing accessibility and reducing financial barriers for students. It plays a role in helping students focus on their academic and extracurricular pursuits without the added stress of financial uncertainty. Prospective applicants are encouraged to review the most current information and consult with the university’s scholarship advisors to understand the application process and documentation requirements. The Gil and Kay Starks Endowed Scholarship represents a meaningful opportunity for students with financial need to receive support that can contribute significantly to their educational journey at the University of Arkansas.

Key Benefits

Provides financial assistance to undergraduate students demonstrating financial need

Supports a wide range of academic disciplines without restriction

Helps cover tuition, books, and living expenses depending on award amount

Encourages academic progress by requiring maintenance of satisfactory GPA

Offers renewable funding subject to continued eligibility and university policies

Financing Information

Funding and Financial Support Mechanism

The Gil and Kay Starks Endowed Scholarship is funded through an endowment established by Gil and Kay Starks. An endowment is a financial asset, typically in the form of donations, invested to generate income over time. The income earned from this endowment is used to provide scholarship funds annually. Because the scholarship is need-based, the University of Arkansas allocates the funds to students who demonstrate financial need as determined by the Free Application for Federal Student Aid (FAFSA) or other institutional financial assessments. The amount awarded to each student varies depending on the total funds available from the endowment’s earnings and the number of recipients in a given year. This means that the scholarship amount is not fixed and can fluctuate annually. The scholarship may cover various educational expenses including tuition, fees, books, and potentially living costs, although the exact coverage depends on the individual award and university policies. Recipients are generally required to maintain full-time enrollment status and meet academic standards to continue receiving the scholarship in subsequent years. Students applying for this scholarship should submit all required documentation by the specified deadlines and maintain communication with the university’s financial aid office to ensure compliance with all eligibility requirements. The endowment model ensures that the scholarship fund remains sustainable over time, providing ongoing support to future generations of students at the University of Arkansas.

The scholarship is funded by income generated from an endowment fund
Award amounts vary annually based on endowment earnings and number of recipients

Apply for Gil and Kay Starks Endowed Scholarship

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* Disclaimer: Information provided here is subject to change. Applicants should verify all details, including eligibility criteria, deadlines, and award amounts, directly with the University of Arkansas or the official scholarship awarding body.