How SEARK College'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 Southeast Arkansas College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,144, which is 87.00 % of all undergraduate students. 383 students which is 28.78% of undergraduate students received federal student loans and the average loan amount is $4,340.

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	1,304 (81%)	$5,552	1,045 (65%)	$4,385	379 (24%)	$3,183
2014-15	1,188 (83%)	$5,574	993 (69%)	$4,521	428 (30%)	$3,237
2015-16	1,264 (84%)	$4,312	1,009 (67%)	$4,587	447 (30%)	$4,693
2016-17	1,183 (85%)	$4,020	922 (66%)	$4,192	408 (29%)	$4,995
2017-18	1,093 (84%)	$4,776	833 (64%)	$5,391	659 (51%)	$3,738
2018-19	974 (82%)	$4,249	744 (63%)	$4,612	335 (28%)	$4,003
2019-20	1,235 (90%)	$4,358	817 (60%)	$4,869	334 (24%)	$4,767
2020-21	1,074 (96%)	$4,933	703 (63%)	$4,883	261 (23%)	$5,091
2021-22	979 (98%)	$6,191	583 (58%)	$4,781	200 (20%)	$5,350
Average	1,144 (87.00%)	$4,885	850 (63.89%)	$4,691	383 (28.78%)	$4,340

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

Overview

For the last 10 years, on average, 141 (93.67 % of students) received grants or scholarships and its average amount is $5,257. It can cover 63.64% of tuition & fees ($8,260) based on out-of-state rate.

In addition, 43 (26.67 % of students) students get helped from the students loans (average amount : $3,171).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	240 (94%)	$4,791	75 (29%)	$1,993
2014-15	202 (95%)	$5,305	52 (25%)	$2,458
2015-16	167 (91%)	$5,457	53 (29%)	$3,671
2016-17	131 (93%)	$4,569	34 (24%)	$3,515
2017-18	154 (90%)	$6,581	106 (62%)	$3,102
2018-19	136 (93%)	$5,407	27 (18%)	$3,063
2019-20	126 (96%)	$4,941	21 (16%)	$2,638
2020-21	72 (91%)	$5,055	11 (14%)	$3,717
2021-22	39 (100%)	$5,204	9 (23%)	$4,379
Average	141 (93.67%)	$5,257	43 (26.67%)	$3,171

^*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, 125 (81.00 % of students) received Pell (federal) grants and its average amount is $5,459.

In addition, 31 students received State/local government grants/scholarships (19.89 % 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 (85%)	$4,737	20 (8%)	$425	65 (25%)	$1,415	9 (4%)	$1,845
2014-15	186 (88%)	$4,938	31 (15%)	$315	56 (26%)	$1,445	25 (12%)	$2,498
2015-16	155 (85%)	$5,046	5 (3%)	$450	41 (22%)	$1,606	33 (18%)	$1,849
2016-17	123 (87%)	$4,492	4 (3%)	$438	26 (18%)	$788	19 (13%)	$1,250
2017-18	141 (82%)	$6,764	23 (13%)	$266	19 (11%)	$763	48 (28%)	$815
2018-19	121 (82%)	$5,826	5 (3%)	$250	17 (12%)	$662	25 (17%)	$713
2019-20	98 (75%)	$5,490	51 (39%)	$574	29 (22%)	$664	37 (28%)	$974
2020-21	56 (71%)	$5,757	24 (30%)	$250	17 (22%)	$1,074	16 (20%)	$1,083
2021-22	29 (74%)	$6,081	-	-	8 (21%)	$1,082	21 (54%)	$855
Average	125 (81.00%)	$5,459	20 (14.25%)	$371	31 (19.89%)	$1,055	26 (21.56%)	$1,320

^*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, 43 (26.67 % of students) get any students loan help and its average loan amount is $43.

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	75 (29%)	$1,993	75 (29%)	$1,993	-	-
2014-15	52 (25%)	$2,458	52 (25%)	$2,458	-	-
2015-16	53 (29%)	$3,671	53 (29%)	$3,671	-	-
2016-17	34 (24%)	$3,515	34 (24%)	$3,515	-	-
2017-18	106 (62%)	$3,102	106 (62%)	$3,102	-	-
2018-19	27 (18%)	$3,063	27 (18%)	$3,063	-	-
2019-20	21 (16%)	$2,638	20 (15%)	$2,520	1 (1%)	$5,000
2020-21	11 (14%)	$3,717	11 (14%)	$3,717	-	-
2021-22	9 (23%)	$4,379	9 (23%)	$4,379	-	-
Average	43 (26.67%)	$3,171	43 (26.56%)	$3,158	1 (1.00%)	$5,000

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Scholarships, Grants, and Loan Trends at SEARK College

All Undergraduate Students Financial Aid Over Time

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