Scholarships, Grants, and Loan Trends at Ozarka

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 994, which is 84.00 % of all undergraduate students. 281 students which is 22.89% of undergraduate students received federal student loans and the average loan amount is $4,879.
For full-time, first-time beginning students (freshmen), 93.89% of students received grants or scholarships and 21% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Ozarka College since 2013.
For that period, the average number of students who received grants aid/scholarships is 994, which is 84.00 % of all undergraduate students. 281 students which is 22.89% of undergraduate students received federal student loans and the average loan amount is $4,879.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,367 (92%)$6,4511,004 (67%)$3,917583 (39%)$5,854
2014-151,215 (92%)$5,497843 (64%)$3,873427 (32%)$5,217
2015-161,018 (92%)$4,942637 (57%)$3,873282 (25%)$5,067
2016-171,031 (90%)$4,706673 (59%)$3,796261 (23%)$4,567
2017-18941 (79%)$5,045641 (54%)$4,098270 (23%)$4,206
2018-19869 (77%)$5,243571 (51%)$4,556210 (19%)$4,510
2019-20931 (80%)$4,500639 (55%)$4,518224 (19%)$4,931
2020-21892 (86%)$5,031569 (55%)$4,497146 (14%)$4,699
2021-22686 (68%)$5,674476 (47%)$4,612126 (12%)$4,856
Average994 (84.00%)$5,232673 (56.56%)$4,193281 (22.89%)$4,879

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

For the last 10 years, on average, 162 (93.89 % of students) received grants or scholarships and its average amount is $5,322. It can cover 78.04% of tuition & fees ($6,820) based on out-of-state rate.
In addition, 38 (21.33 % of students) students get helped from the students loans (average amount : $4,427).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14212 (97%)$5,07565 (30%)$4,750
2014-15177 (94%)$5,45753 (28%)$4,786
2015-16157 (85%)$4,86747 (26%)$4,982
2016-17159 (95%)$5,04437 (22%)$3,610
2017-18190 (97%)$4,51340 (20%)$4,047
2018-19146 (95%)$5,63731 (20%)$4,818
2019-20158 (98%)$5,33526 (16%)$4,105
2020-21139 (93%)$5,07423 (15%)$4,287
2021-22118 (91%)$6,89919 (15%)$4,462
Average162 (93.89%)$5,32238 (21.33%)$4,427
*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.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 143 (82.67 % of students) received Pell (federal) grants and its average amount is $4,546.
In addition, 60 students received State/local government grants/scholarships (35.11 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14196 (90%)$4,11345 (21%)$27775 (34%)$1,78554 (25%)$2,282
2014-15159 (84%)$4,34131 (16%)$23186 (46%)$1,80056 (30%)$2,029
2015-16137 (74%)$4,27536 (20%)$22159 (32%)$2,02633 (18%)$1,546
2016-17143 (85%)$4,17530 (18%)$20565 (39%)$1,63350 (30%)$1,854
2017-18159 (81%)$4,47323 (12%)$22244 (22%)$88548 (24%)$2,129
2018-19130 (84%)$5,15218 (12%)$25048 (31%)$1,19645 (29%)$2,032
2019-20137 (85%)$4,76931 (19%)$20361 (38%)$1,06651 (31%)$2,319
2020-21108 (72%)$4,95119 (13%)$31857 (38%)$1,23643 (29%)$2,187
2021-22115 (89%)$4,66824 (19%)$26747 (36%)$3,45445 (35%)$2,412
Average143 (82.67%)$4,54629 (16.67%)$24460 (35.11%)$1,67647 (27.89%)$2,088
*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..
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, 38 (21.33 % of students) get any students loan help and its average loan amount is $38.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1465 (30%)$4,75065 (30%)$4,750--
2014-1553 (28%)$4,78653 (28%)$4,786--
2015-1647 (26%)$4,98247 (26%)$4,982--
2016-1737 (22%)$3,61037 (22%)$3,610--
2017-1840 (20%)$4,04740 (20%)$4,047--
2018-1931 (20%)$4,81831 (20%)$4,818--
2019-2026 (16%)$4,10526 (16%)$4,105--
2020-2123 (15%)$4,28723 (15%)$4,287--
2021-2219 (15%)$4,46219 (15%)$4,462--
Average38 (21.33%)$4,42738 (21.33%)$4,427--
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