How SAUT'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 Southern Arkansas University Tech since 2013.

For that period, the average number of students who received grants aid/scholarships is 805, which is 72.00 % of all undergraduate students. 169 students which is 15.33% of undergraduate students received federal student loans and the average loan amount is $3,638.

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	1,024 (59%)	$2,786	339 (20%)	$4,235	245 (14%)	$3,691
2014-15	672 (43%)	$5,840	463 (30%)	$3,924	139 (9%)	$6,200
2015-16	877 (53%)	$2,924	286 (17%)	$4,408	198 (12%)	$3,997
2016-17	598 (77%)	$4,714	399 (51%)	$4,021	273 (35%)	$2,894
2017-18	708 (70%)	$5,571	406 (40%)	$5,411	114 (11%)	$3,791
2018-19	811 (75%)	$5,349	452 (42%)	$5,402	131 (12%)	$3,781
2019-20	895 (81%)	$5,415	467 (42%)	$5,536	197 (18%)	$1,743
2020-21	750 (98%)	$6,512	429 (56%)	$5,649	113 (15%)	$3,318
2021-22	906 (92%)	$6,054	403 (41%)	$5,861	115 (12%)	$3,323
Average	805 (72.00%)	$5,018	405 (37.67%)	$4,939	169 (15.33%)	$3,638

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

Overview

For the last 10 years, on average, 153 (83.67 % of students) received grants or scholarships and its average amount is $7,238. It can cover 116.56% of tuition & fees ($6,210) based on out-of-state rate.

In addition, 54 (30.22 % of students) students get helped from the students loans (average amount : $3,554).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	173 (84%)	$3,013	45 (22%)	$3,065
2014-15	161 (91%)	$4,291	31 (18%)	$3,395
2015-16	128 (80%)	$5,743	65 (41%)	$4,340
2016-17	159 (75%)	$7,048	74 (35%)	$4,463
2017-18	123 (73%)	$6,600	102 (61%)	$4,285
2018-19	126 (74%)	$8,495	35 (21%)	$2,871
2019-20	157 (89%)	$10,111	53 (30%)	$3,401
2020-21	164 (92%)	$9,475	41 (23%)	$2,898
2021-22	190 (95%)	$10,368	42 (21%)	$3,268
Average	153 (83.67%)	$7,238	54 (30.22%)	$3,554

^*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, 105 (57.44 % of students) received Pell (federal) grants and its average amount is $5,207.

In addition, 64 students received State/local government grants/scholarships (35.00 % 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	58 (28%)	$4,733	40 (19%)	$2,003	62 (30%)	$1,808	46 (22%)	$1,183
2014-15	131 (74%)	$4,349	18 (10%)	$1,358	20 (11%)	$1,802	32 (18%)	$1,891
2015-16	73 (46%)	$4,874	42 (26%)	$1,955	65 (41%)	$2,174	71 (44%)	$2,195
2016-17	129 (61%)	$4,664	48 (23%)	$1,721	72 (34%)	$1,927	96 (45%)	$3,099
2017-18	81 (48%)	$4,938	69 (41%)	$2,011	65 (39%)	$2,143	43 (26%)	$3,111
2018-19	106 (62%)	$5,674	83 (49%)	$2,451	43 (25%)	$3,300	43 (25%)	$2,876
2019-20	123 (70%)	$5,812	138 (78%)	$2,484	90 (51%)	$3,403	74 (42%)	$3,021
2020-21	111 (62%)	$5,911	156 (88%)	$2,256	80 (45%)	$4,477	64 (36%)	$2,931
2021-22	133 (66%)	$5,911	190 (95%)	$3,578	78 (39%)	$3,470	77 (38%)	$3,027
Average	105 (57.44%)	$5,207	87 (47.67%)	$2,202	64 (35.00%)	$2,723	61 (32.89%)	$2,593

^*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, 54 (30.22 % of students) get any students loan help and its average loan amount is $54.

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	45 (22%)	$3,065	45 (22%)	$3,065	-	-
2014-15	31 (18%)	$3,395	31 (18%)	$3,395	-	-
2015-16	65 (41%)	$4,340	65 (41%)	$4,340	-	-
2016-17	74 (35%)	$4,463	73 (35%)	$4,387	1 (0%)	$10,000
2017-18	102 (61%)	$4,285	101 (60%)	$4,226	1 (1%)	$10,179
2018-19	35 (21%)	$2,871	35 (21%)	$2,871	-	-
2019-20	53 (30%)	$3,401	47 (27%)	$3,749	8 (5%)	$510
2020-21	41 (23%)	$2,898	36 (20%)	$3,127	5 (3%)	$1,253
2021-22	42 (21%)	$3,268	38 (19%)	$3,459	5 (2%)	$1,159
Average	54 (30.22%)	$3,554	52 (29.22%)	$3,624	4 (2.75%)	$4,620

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Scholarships, Grants, and Loan Trends at SAUT

All Undergraduate Students Financial Aid Over Time

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