The El Dorado Promise

"The El Dorado Promise" is the name given to the promise of Murphy Oil Company in January 2007 to pay the tuition and mandatory fees, up to the maximum charged by an Arkansas university, for El Dorado High School students who attend college anywhere in the United States and maintain a 2.0 grade-point average.

Henderson State University, in Arkadelphia, AR, has promised to provide matching funds to cover on-campus living expenses.