How ASUN'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-Newport since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,595, which is 70.33 % of all undergraduate students. 380 students which is 16.44% of undergraduate students received federal student loans and the average loan amount is $5,134.

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	1,427 (69%)	$5,248	943 (46%)	$4,299	393 (19%)	$4,050
2014-15	1,630 (66%)	$4,655	1,075 (43%)	$3,769	430 (17%)	$4,774
2015-16	1,821 (68%)	$3,356	895 (33%)	$3,846	419 (16%)	$4,857
2016-17	2,006 (74%)	$3,103	952 (35%)	$4,534	481 (18%)	$5,417
2017-18	1,246 (50%)	$4,777	914 (36%)	$4,835	443 (18%)	$5,250
2018-19	1,219 (54%)	$4,491	876 (39%)	$4,479	370 (16%)	$5,369
2019-20	1,578 (70%)	$3,919	852 (38%)	$4,531	372 (17%)	$5,676
2020-21	1,618 (83%)	$3,380	739 (38%)	$4,447	257 (13%)	$5,345
2021-22	1,808 (99%)	$3,459	756 (41%)	$4,438	251 (14%)	$5,469
Average	1,595 (70.33%)	$4,043	889 (38.78%)	$4,353	380 (16.44%)	$5,134

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

Overview

For the last 10 years, on average, 249 (87.22 % of students) received grants or scholarships and its average amount is $5,115. It can cover 112.18% of tuition & fees ($4,560) based on out-of-state rate.

In addition, 51 (17.44 % of students) students get helped from the students loans (average amount : $4,527).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	260 (88%)	$5,150	78 (26%)	$3,752
2014-15	331 (94%)	$4,644	64 (18%)	$4,079
2015-16	252 (83%)	$6,170	67 (22%)	$4,427
2016-17	243 (80%)	$5,058	57 (19%)	$4,998
2017-18	269 (81%)	$5,012	54 (16%)	$4,874
2018-19	234 (79%)	$4,939	40 (14%)	$4,064
2019-20	219 (85%)	$4,966	41 (16%)	$4,240
2020-21	199 (95%)	$4,775	28 (13%)	$5,119
2021-22	237 (100%)	$5,324	31 (13%)	$5,190
Average	249 (87.22%)	$5,115	51 (17.44%)	$4,527

^*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, 188 (64.56 % of students) received Pell (federal) grants and its average amount is $4,988.

In addition, 105 students received State/local government grants/scholarships (35.78 % 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	218 (73%)	$5,064	6 (2%)	$500	111 (37%)	$1,793	27 (9%)	$1,218
2014-15	270 (76%)	$4,332	48 (14%)	$703	141 (40%)	$2,066	33 (9%)	$1,286
2015-16	206 (68%)	$4,386	31 (10%)	$10,285	136 (45%)	$2,002	39 (13%)	$1,546
2016-17	188 (62%)	$5,086	25 (8%)	$2,223	101 (33%)	$1,135	63 (21%)	$1,633
2017-18	202 (61%)	$5,267	25 (8%)	$1,781	119 (36%)	$1,191	61 (18%)	$1,610
2018-19	186 (63%)	$5,177	21 (7%)	$1,187	102 (34%)	$1,032	47 (16%)	$1,332
2019-20	153 (59%)	$4,977	79 (31%)	$1,427	104 (40%)	$1,188	50 (19%)	$1,795
2020-21	119 (57%)	$5,454	169 (80%)	$1,033	59 (28%)	$1,200	31 (15%)	$1,806
2021-22	148 (62%)	$5,148	236 (99%)	$1,632	69 (29%)	$1,078	29 (12%)	$1,384
Average	188 (64.56%)	$4,988	71 (28.78%)	$2,308	105 (35.78%)	$1,409	42 (14.67%)	$1,512

^*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, 51 (17.44 % of students) get any students loan help and its average loan amount is $51.

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	78 (26%)	$3,752	76 (26%)	$3,771	2 (1%)	$3,050
2014-15	64 (18%)	$4,079	64 (18%)	$4,079	-	-
2015-16	67 (22%)	$4,427	65 (22%)	$4,495	2 (1%)	$2,211
2016-17	57 (19%)	$4,998	56 (18%)	$4,971	2 (1%)	$3,250
2017-18	54 (16%)	$4,874	51 (15%)	$4,505	3 (1%)	$11,141
2018-19	40 (14%)	$4,064	39 (13%)	$3,758	1 (0%)	$16,000
2019-20	41 (16%)	$4,240	39 (15%)	$3,944	2 (1%)	$10,000
2020-21	28 (13%)	$5,119	28 (13%)	$5,119	-	-
2021-22	31 (13%)	$5,190	30 (13%)	$5,178	1 (0%)	$5,550
Average	51 (17.44%)	$4,527	50 (17.00%)	$4,424	2 (1.00%)	$7,315

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Scholarships, Grants, and Loan Trends at ASUN

All Undergraduate Students Financial Aid Over Time

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