(a) The University of Arkansas at Fayetteville shall maintain records of all applicants applying for financial assistance and shall adopt proper administrative procedures to ensure that students attending any state-supported or private institution in Arkansas shall be given the same consideration for receiving financial assistance from the appropriations provided for financial assistance.(b) In addition, records shall be maintained in a manner such that timely reports shall be filed with the Governor, the General Assembly, and its interim committee stating by name of individual: (1) The applications received;(2) The schools in which the applicant did his or her undergraduate college study;(3) The action taken by the administrator of these aid programs at the university; and(4) The reason for the action if the financial assistance was denied.Acts 1973, No. 745, § 13.
Arkansas Legal Code