(1) The General Assembly recognizes that the State of Arkansas is experiencing a critical shortage of nurses.
(2) It is the intent of this section to allow the Division of Higher Education the opportunity, under specific circumstances, to include an approved school of nursing that would not otherwise be an approved institution of higher education in the Arkansas Academic Challenge Scholarship Program.
(3) The division shall make awards to applicants attending an approved school of nursing under this section if the recipient meets continuing eligibility requirements in § 6-85-210.
(4) The division shall pay scholarship awards under this section only from nonlottery state educational resources.