§ 6-64-408 - Fees and scholarships. - Arkansas Statutes

6-64-408. Fees and scholarships.

(a) The Board of Trustees of the University of Arkansas shall fix a scale of matriculation and tuition fees, in reasonable sums, and shall prescribe terms and conditions for the payment of fees.

(b) The students attending the Medical Department of the University of Arkansas shall pay the fees, except that the board may provide honorary free scholarships in furtherance of the best interests of the department.

(c) The fees shall be collected under the direction of the board of trustees, which shall prescribe the method of collecting the fees, and when collected they shall be paid over to the financial officer of the University of Arkansas and kept as a fund for the department and shall be paid out by the orders of the board of trustees only for the use and benefit of the department.