How SouthArk'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 South Arkansas College since 2013.

For that period, the average number of students who received grants aid/scholarships is 936, which is 64.00 % of all undergraduate students. 415 students which is 27.67% of undergraduate students received federal student loans and the average loan amount is $5,021.

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	1,107 (68%)	$7,588	854 (52%)	$4,035	611 (37%)	$6,545
2014-15	1,051 (62%)	$3,973	931 (55%)	$3,782	617 (36%)	$5,584
2015-16	946 (61%)	$5,957	761 (49%)	$3,791	480 (31%)	$4,092
2016-17	997 (65%)	$3,875	799 (52%)	$3,635	455 (30%)	$4,808
2017-18	1,086 (73%)	$3,889	855 (58%)	$3,747	453 (31%)	$4,317
2018-19	826 (56%)	$4,522	638 (43%)	$4,423	348 (24%)	$4,927
2019-20	810 (56%)	$4,115	677 (47%)	$4,135	314 (22%)	$5,120
2020-21	758 (61%)	$4,131	514 (41%)	$4,254	226 (18%)	$4,887
2021-22	839 (74%)	$5,917	485 (43%)	$4,182	229 (20%)	$4,913
Average	936 (64.00%)	$4,885	724 (48.89%)	$3,998	415 (27.67%)	$5,021

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

Overview

For the last 10 years, on average, 127 (80.89 % of students) received grants or scholarships and its average amount is $4,903. It can cover 91.41% of tuition & fees ($5,364) based on out-of-state rate.

In addition, 33 (21.33 % of students) students get helped from the students loans (average amount : $3,921).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	141 (88%)	$4,739	42 (26%)	$4,725
2014-15	122 (88%)	$4,697	55 (40%)	$2,388
2015-16	149 (81%)	$4,738	40 (22%)	$4,347
2016-17	96 (72%)	$4,715	30 (23%)	$3,991
2017-18	112 (76%)	$4,695	39 (27%)	$3,320
2018-19	123 (78%)	$4,833	26 (17%)	$3,934
2019-20	153 (81%)	$4,696	28 (15%)	$4,216
2020-21	98 (76%)	$5,580	11 (9%)	$3,588
2021-22	151 (88%)	$5,435	23 (13%)	$4,783
Average	127 (80.89%)	$4,903	33 (21.33%)	$3,921

^*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, 103 (65.67 % of students) received Pell (federal) grants and its average amount is $4,772.

In addition, 40 students received State/local government grants/scholarships (25.44 % 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	123 (76%)	$4,631	7 (4%)	$393	46 (29%)	$1,829	7 (4%)	$1,671
2014-15	110 (79%)	$4,551	4 (3%)	$450	33 (24%)	$1,697	7 (5%)	$2,094
2015-16	125 (68%)	$4,554	7 (4%)	$471	59 (32%)	$1,943	8 (4%)	$2,354
2016-17	77 (58%)	$4,803	8 (6%)	$563	36 (27%)	$1,042	18 (14%)	$2,271
2017-18	93 (63%)	$4,559	10 (7%)	$510	36 (24%)	$1,356	23 (16%)	$2,082
2018-19	97 (62%)	$4,981	5 (3%)	$672	44 (28%)	$1,243	27 (17%)	$1,974
2019-20	131 (69%)	$4,823	12 (6%)	$575	39 (21%)	$937	26 (14%)	$1,667
2020-21	82 (64%)	$5,023	72 (56%)	$758	29 (22%)	$893	25 (19%)	$2,177
2021-22	90 (52%)	$5,027	135 (78%)	$1,788	37 (22%)	$976	43 (25%)	$2,110
Average	103 (65.67%)	$4,772	29 (18.56%)	$687	40 (25.44%)	$1,324	20 (13.11%)	$2,044

^*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, 33 (21.33 % of students) get any students loan help and its average loan amount is $33.

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	42 (26%)	$4,725	42 (26%)	$4,725	-	-
2014-15	55 (40%)	$2,388	55 (40%)	$2,388	-	-
2015-16	40 (22%)	$4,347	40 (22%)	$4,347	-	-
2016-17	30 (23%)	$3,991	30 (23%)	$3,991	-	-
2017-18	39 (27%)	$3,320	39 (27%)	$3,320	-	-
2018-19	26 (17%)	$3,934	26 (17%)	$3,934	-	-
2019-20	28 (15%)	$4,216	28 (15%)	$4,216	-	-
2020-21	11 (9%)	$3,588	11 (9%)	$3,588	-	-
2021-22	23 (13%)	$4,783	23 (13%)	$4,783	-	-
Average	33 (21.33%)	$3,921	33 (21.33%)	$3,921	-	-

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Scholarships, Grants, and Loan Trends at SouthArk

All Undergraduate Students Financial Aid Over Time

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