Scholarships, Grants, and Loan Trends at Arkansas Rich Mountain

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 441, which is 51.00 % of all undergraduate students. 68 students which is 8.67% of undergraduate students received federal student loans and the average loan amount is $5,195.
For full-time, first-time beginning students (freshmen), 94.44% of students received grants or scholarships and 13% 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 University of Arkansas Community College Rich Mountain since 2013.
For that period, the average number of students who received grants aid/scholarships is 441, which is 51.00 % of all undergraduate students. 68 students which is 8.67% of undergraduate students received federal student loans and the average loan amount is $5,195.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14439 (46%)$5,103381 (40%)$4,362--
2014-15423 (42%)$5,453356 (35%)$4,914--
2015-16399 (43%)$4,585325 (35%)$3,946--
2016-17400 (46%)$5,131326 (37%)$4,316--
2017-18431 (46%)$4,998356 (38%)$4,526--
2018-19397 (49%)$5,335349 (43%)$4,738--
2019-20460 (53%)$5,349370 (43%)$4,44755 (6%)$5,036
2020-21540 (68%)$5,191358 (45%)$4,361100 (13%)$5,017
2021-22476 (66%)$7,372311 (43%)$4,62048 (7%)$5,532
Average441 (51.00%)$5,391348 (39.89%)$4,47068 (8.67%)$5,195

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

For the last 10 years, on average, 140 (94.44 % of students) received grants or scholarships and its average amount is $5,595. It can cover 136.34% of tuition & fees ($4,104) based on out-of-state rate.
In addition, 27 (13.00 % of students) students get helped from the students loans (average amount : $4,145).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14129 (94%)$5,936--
2014-15112 (93%)$5,856--
2015-16120 (93%)$5,208--
2016-17117 (98%)$5,586--
2017-18118 (95%)$5,260--
2018-19112 (97%)$6,154--
2019-20171 (94%)$5,81925 (14%)$3,717
2020-21217 (93%)$5,87844 (19%)$5,164
2021-22160 (93%)$4,66211 (6%)$3,555
Average140 (94.44%)$5,59527 (13.00%)$4,145
*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, 108 (75.00 % of students) received Pell (federal) grants and its average amount is $4,967.
In addition, 68 students received State/local government grants/scholarships (45.89 % 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
2013-14117 (85%)$4,91118 (13%)$1,09459 (43%)$2,22331 (23%)$1,300
2014-1598 (82%)$5,16414 (12%)$97252 (43%)$1,91225 (21%)$1,470
2015-16101 (78%)$4,35715 (12%)$45058 (45%)$2,04335 (27%)$1,702
2016-17102 (85%)$4,96424 (20%)$39667 (56%)$1,27342 (35%)$1,247
2017-1895 (77%)$4,99316 (13%)$43852 (42%)$1,36742 (34%)$1,624
2018-1997 (84%)$5,55215 (13%)$45054 (47%)$1,38451 (44%)$1,358
2019-20124 (68%)$5,16430 (16%)$2,92971 (39%)$1,34596 (53%)$1,785
2020-21147 (63%)$4,813186 (79%)$977116 (50%)$1,136105 (45%)$2,425
2021-2292 (53%)$4,78725 (15%)$39283 (48%)$1,11495 (55%)$2,140
Average108 (75.00%)$4,96738 (21.44%)$90068 (45.89%)$1,53358 (37.44%)$1,672
*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, 27 (13.00 % of students) get any students loan help and its average loan amount is $27.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14------
2014-15------
2015-16------
2016-17------
2017-18------
2018-19------
2019-2025 (14%)$3,71725 (14%)$3,717--
2020-2144 (19%)$5,16444 (19%)$4,6733 (1%)$7,201
2021-2211 (6%)$3,55510 (6%)$3,5801 (1%)$3,300
Average27 (13.00%)$4,14526 (13.00%)$3,9902 (1.00%)$5,251
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