Effective beginning with the May 2013 El Dorado High School graduating class, El Dorado Public School (EPS) students are no longer required to reside in the El Dorado School District in order to be eligible for the El Dorado Promise scholarship. The original scholarship requirements for eligibility included graduation from EPS, continuous residence in the district and continuous attendance since at least the ninth grade. The change in the residency requirement allows students who reside in neighboring districts, apply for transfer to EPS as a non-resident and enroll in EPS under any form of school choice agreement, to be eligible for the Promise scholarship. This change will affect both current and future students of EPS.
According to Rhonda Simmons, Assistant Superintendent of EPS, registration for the upcoming school year for kindergarten and students new to the El Dorado School District will occur on Monday, March 4 and Tuesday, March 5 at the school district office, 200 West Oak. There are currently over 75 students in El Dorado Public Schools who have enrolled through school-choice.
The El Dorado Promise, established and funded by Murphy Oil Corporation, is a unique place-based scholarship program that reaches beyond the boundaries of economic need and academic ability to pay up to 100% of college tuition and mandatory fees for all students who graduate from El Dorado High School and have been El Dorado Public School students since at least the ninth grade.
El Dorado Promise students can attend any accredited two- or four-year college or university in the U. S. The maximum amount of the Promise scholarship is based on the highest resident tuition payable at an Arkansas public university.
In 2012-2013, the highest tuition rate in the state was $7,332 for a student taking 30 credit hours per year.
Recipients must be making regular progress toward an associate's or bachelor's degree by maintaining at least a 2.0 cumulative grade point average based on a 4.0 scale at the post secondary institution and successfully completing a minimum of 24 credit hours each academic year. The Promise provides up to five years of tuition and mandatory fees or attainment of a bachelor's degree, whichever comes first.