This article presents the state education finance and governance profile of Arkansas. Arkansas has 254 school districts, which operate 1,114 schools. More than two thirds (68.4%) of all schools are Title I schools. All school districts in Arkansas receive foundation funding--a set amount of money per student. In addition to the foundation funding amount, which was the amount determined necessary to provide all students with an adequate education, during the 2007 legislative session, governor Mike Beebe successfully proposed "enhancement funding," which allows the state to fund education at an amount above what is required for adequacy. Schools receive state monies to compensate for growth or loss of student membership as well as for three categories of students: (1) English language learners; (2) economically disadvantaged students (those who qualify for free or reduced-price meals under the National School Lunch Act); and (3) students attending classes in Alternative Learning. The Arkansas State Board of Education is composed of two members from each of the state's four congressional districts, and the remaining member is selected at-large. The governor appoints members for 7-year terms. The Board, composed of business and community leaders, is the policymaking body for public elementary and secondary education in Arkansas. The Arkansas Department of Higher Education serves as the administrative staff for the Arkansas Higher Education Coordinating Board. The Coordinating Board consists of 12 members who are appointed by the governor to serve 6-year terms. The Department reviews and approves academic programs; administers financial aid programs; recommends institutional operating, capital, and personal services budgets; and collects and reports on students for policy studies. (Contains 2 tables.)