How NWACC'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 NorthWest Arkansas Community College since 2013.

For that period, the average number of students who received grants aid/scholarships is 4,363, which is 55.78 % of all undergraduate students. 1,419 students which is 18.22% of undergraduate students received federal student loans and the average loan amount is $5,914.

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	4,889 (61%)	$4,105	3,196 (40%)	$4,856	2,529 (32%)	$7,649
2014-15	4,962 (61%)	$3,766	2,994 (37%)	$4,586	2,093 (26%)	$5,934
2015-16	4,554 (59%)	$3,693	2,490 (32%)	$4,500	1,631 (21%)	$5,698
2016-17	4,369 (56%)	$3,246	2,229 (29%)	$4,487	1,407 (18%)	$5,473
2017-18	4,274 (55%)	$3,448	2,112 (27%)	$4,468	1,213 (16%)	$5,175
2018-19	4,429 (56%)	$3,100	2,034 (25%)	$4,758	1,174 (15%)	$4,726
2019-20	4,715 (56%)	$2,958	2,002 (24%)	$4,862	1,077 (13%)	$5,883
2020-21	3,572 (48%)	$2,434	1,553 (21%)	$4,090	827 (11%)	$6,138
2021-22	3,507 (50%)	$2,470	1,506 (21%)	$4,214	817 (12%)	$6,551
Average	4,363 (55.78%)	$3,247	2,235 (28.44%)	$4,536	1,419 (18.22%)	$5,914

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

Overview

For the last 10 years, on average, 657 (73.33 % of students) received grants or scholarships and its average amount is $3,956. It can cover 78.78% of tuition & fees ($5,022) based on out-of-state rate.

In addition, 193 (21.56 % of students) students get helped from the students loans (average amount : $4,707).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	776 (82%)	$4,474	303 (32%)	$6,023
2014-15	797 (84%)	$4,357	253 (27%)	$4,172
2015-16	701 (79%)	$4,283	203 (23%)	$4,149
2016-17	717 (77%)	$3,738	208 (22%)	$4,158
2017-18	602 (67%)	$3,972	121 (13%)	$3,924
2018-19	655 (72%)	$3,805	200 (22%)	$3,611
2019-20	743 (72%)	$3,807	182 (18%)	$5,059
2020-21	501 (66%)	$3,207	126 (17%)	$5,548
2021-22	419 (61%)	$3,963	137 (20%)	$5,722
Average	657 (73.33%)	$3,956	193 (21.56%)	$4,707

^*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, 420 (46.89 % of students) received Pell (federal) grants and its average amount is $4,892.

In addition, 350 students received State/local government grants/scholarships (38.78 % 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	512 (54%)	$4,814	29 (3%)	$627	467 (49%)	$2,043	40 (4%)	$875
2014-15	512 (54%)	$4,843	50 (5%)	$616	455 (48%)	$2,045	24 (3%)	$1,305
2015-16	436 (49%)	$4,776	27 (3%)	$952	413 (46%)	$2,087	35 (4%)	$930
2016-17	461 (49%)	$4,745	26 (3%)	$927	383 (41%)	$1,123	41 (4%)	$938
2017-18	410 (46%)	$4,864	32 (4%)	$985	323 (36%)	$991	37 (4%)	$1,222
2018-19	410 (45%)	$5,038	57 (6%)	$984	326 (36%)	$1,034	27 (3%)	$1,243
2019-20	457 (44%)	$5,268	30 (3%)	$937	353 (34%)	$997	33 (3%)	$1,237
2020-21	285 (38%)	$4,798	25 (3%)	$875	237 (31%)	$854	12 (2%)	$1,281
2021-22	295 (43%)	$4,883	34 (5%)	$836	191 (28%)	$886	14 (2%)	$1,591
Average	420 (46.89%)	$4,892	34 (3.89%)	$860	350 (38.78%)	$1,340	29 (3.22%)	$1,180

^*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, 193 (21.56 % of students) get any students loan help and its average loan amount is $193.

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	303 (32%)	$6,023	302 (32%)	$5,993	4 (0%)	$3,754
2014-15	253 (27%)	$4,172	252 (26%)	$4,145	2 (0%)	$5,500
2015-16	203 (23%)	$4,149	201 (23%)	$4,133	2 (0%)	$5,786
2016-17	208 (22%)	$4,158	204 (22%)	$4,015	7 (1%)	$6,541
2017-18	121 (13%)	$3,924	119 (13%)	$3,880	3 (0%)	$4,332
2018-19	200 (22%)	$3,611	197 (22%)	$3,591	4 (0%)	$3,726
2019-20	182 (18%)	$5,059	180 (17%)	$5,068	2 (0%)	$4,250
2020-21	126 (17%)	$5,548	123 (16%)	$5,570	4 (1%)	$3,481
2021-22	137 (20%)	$5,722	134 (20%)	$5,645	4 (1%)	$6,867
Average	193 (21.56%)	$4,707	190 (21.22%)	$4,671	4 (1.00%)	$4,915

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Scholarships, Grants, and Loan Trends at NWACC

All Undergraduate Students Financial Aid Over Time

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