How Arkansas State's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Arkansas State University since 2013.

For that period, the average number of students who received grants aid/scholarships is 7,511, which is 81.00 % of all undergraduate students. 4,688 students which is 49.89% of undergraduate students received federal student loans and the average loan amount is $7,028.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	7,644 (76%)	$8,055	4,566 (45%)	$4,335	5,394 (53%)	$7,395
2014-15	7,590 (77%)	$8,178	4,500 (46%)	$4,400	5,329 (54%)	$7,369
2015-16	7,423 (77%)	$8,495	4,232 (44%)	$4,422	5,066 (53%)	$7,120
2016-17	7,371 (75%)	$8,517	4,054 (41%)	$4,440	5,133 (52%)	$6,914
2017-18	7,124 (74%)	$9,145	3,954 (41%)	$4,970	4,902 (51%)	$7,270
2018-19	7,024 (75%)	$9,534	3,731 (40%)	$5,061	4,674 (50%)	$7,150
2019-20	7,603 (85%)	$9,325	3,472 (39%)	$4,624	4,354 (49%)	$6,628
2020-21	7,774 (92%)	$9,323	3,114 (37%)	$4,730	3,841 (45%)	$6,657
2021-22	8,047 (98%)	$8,371	2,968 (36%)	$4,883	3,496 (42%)	$6,749
Average	7,511 (81.00%)	$8,771	3,843 (41.00%)	$4,652	4,688 (49.89%)	$7,028

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 1,392 (95.56 % of students) received grants or scholarships and its average amount is $9,516. It can cover 68.83% of tuition & fees ($13,826) based on out-of-state rate.

In addition, 798 (54.56 % of students) students get helped from the students loans (average amount : $5,746).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,494 (95%)	$8,094	881 (56%)	$5,580
2014-15	1,580 (94%)	$8,725	914 (54%)	$5,778
2015-16	1,433 (93%)	$9,085	808 (52%)	$5,673
2016-17	1,449 (90%)	$8,062	910 (57%)	$5,731
2017-18	1,342 (96%)	$8,777	795 (57%)	$6,059
2018-19	1,454 (95%)	$9,497	833 (55%)	$6,088
2019-20	1,318 (97%)	$10,913	773 (57%)	$5,580
2020-21	1,231 (100%)	$11,264	662 (54%)	$5,631
2021-22	1,224 (100%)	$11,225	603 (49%)	$5,592
Average	1,392 (95.56%)	$9,516	798 (54.56%)	$5,746

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 633 (43.11 % of students) received Pell (federal) grants and its average amount is $4,759.

In addition, 1,035 students received State/local government grants/scholarships (70.33 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	722 (46%)	$4,267	108 (7%)	$928	1,218 (77%)	$2,186	1,022 (65%)	$6,115
2014-15	786 (47%)	$4,362	112 (7%)	$945	1,278 (76%)	$2,214	1,161 (69%)	$6,392
2015-16	711 (46%)	$4,668	118 (8%)	$927	1,133 (73%)	$2,350	1,077 (70%)	$6,433
2016-17	648 (40%)	$4,423	146 (9%)	$930	1,110 (69%)	$1,522	1,084 (67%)	$6,449
2017-18	581 (41%)	$4,979	135 (10%)	$987	1,041 (74%)	$1,388	1,076 (77%)	$6,791
2018-19	632 (41%)	$5,058	173 (11%)	$991	1,047 (69%)	$1,522	1,197 (78%)	$7,391
2019-20	585 (43%)	$4,883	1,156 (86%)	$1,593	956 (71%)	$1,687	1,044 (77%)	$7,732
2020-21	543 (44%)	$4,896	1,102 (89%)	$2,287	794 (64%)	$1,488	1,153 (93%)	$6,509
2021-22	485 (40%)	$5,294	1,221 (100%)	$1,640	738 (60%)	$1,548	1,117 (91%)	$7,186
Average	633 (43.11%)	$4,759	475 (36.33%)	$1,248	1,035 (70.33%)	$1,767	1,103 (76.33%)	$6,778

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 798 (54.56 % of students) get any students loan help and its average loan amount is $798.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	881 (56%)	$5,580	879 (56%)	$5,359	29 (2%)	$7,076
2014-15	914 (54%)	$5,778	911 (54%)	$5,581	29 (2%)	$6,779
2015-16	808 (52%)	$5,673	803 (52%)	$5,352	42 (3%)	$6,808
2016-17	910 (57%)	$5,731	905 (56%)	$5,201	54 (3%)	$9,408
2017-18	795 (57%)	$6,059	789 (56%)	$5,516	54 (4%)	$8,614
2018-19	833 (55%)	$6,088	825 (54%)	$5,417	69 (5%)	$8,735
2019-20	773 (57%)	$5,580	767 (57%)	$4,969	55 (4%)	$9,127
2020-21	662 (54%)	$5,631	655 (53%)	$5,098	42 (3%)	$9,249
2021-22	603 (49%)	$5,592	596 (49%)	$5,049	34 (3%)	$10,666
Average	798 (54.56%)	$5,746	792 (54.11%)	$5,282	45 (3.22%)	$8,496

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Scholarships, Grants, and Loan Trends at Arkansas State

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time