This paper begins with a history of the tumultuous beginning of Arkansas's two-year college system. The system has gone through three major eras with the third, and current, era beginning in 1991. As a result of commissions sponsored by local businesses and the Carnegie Foundation in 1991, legislation was passed to convert 13 of the 24 vocational schools to technical colleges under the supervision of the Higher Education Board. The three types of two-year colleges are described: comprehensive community colleges, comprehensive technical colleges, and university branch campuses. The paper also describes the governance of the two-year college system by the State Board of Higher Education. Different funding mechanisms, which are based on laws regulating collection of local sales taxes and millage, for each type of two-year institution are discussed, as are how state funds can be used. An overview is provided of student enrollment in terms of age and gender but not ethnicity; the faculty, almost entirely native to Arkansas, are required to teach a minimum of 15 credit hours per term. The paper concludes with a look at articulation, stating that articulation between the two-year college and university system is similar to that in Florida. (VWC)