Scholarships, Grants, and Loan Trends at UA Fort Smith

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 5,000, which is 78.22 % of all undergraduate students. 2,285 students which is 35.56% of undergraduate students received federal student loans and the average loan amount is $5,696.
For full-time, first-time beginning students (freshmen), 93.67% of students received grants or scholarships and 36% 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-Fort Smith since 2013.
For that period, the average number of students who received grants aid/scholarships is 5,000, which is 78.22 % of all undergraduate students. 2,285 students which is 35.56% of undergraduate students received federal student loans and the average loan amount is $5,696.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-145,215 (73%)$6,1503,638 (51%)$4,0022,734 (38%)$4,898
2014-154,934 (72%)$6,2413,291 (48%)$4,1672,504 (37%)$4,851
2015-164,856 (72%)$6,6903,178 (47%)$4,6772,417 (36%)$4,853
2016-174,873 (74%)$5,7572,951 (45%)$4,1352,488 (38%)$6,051
2017-184,817 (73%)$5,8652,872 (43%)$4,4292,420 (37%)$6,034
2018-194,908 (75%)$6,0252,750 (42%)$4,4542,295 (35%)$6,000
2019-205,344 (86%)$6,2102,606 (42%)$4,5722,213 (36%)$6,100
2020-215,094 (87%)$7,6502,412 (41%)$4,6101,902 (33%)$6,155
2021-224,955 (92%)$7,5582,170 (40%)$4,7721,596 (30%)$6,319
Average5,000 (78.22%)$6,4612,874 (44.33%)$4,4242,285 (35.56%)$5,696

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

For the last 10 years, on average, 918 (93.67 % of students) received grants or scholarships and its average amount is $6,939. It can cover 50.39% of tuition & fees ($13,770) based on out-of-state rate.
In addition, 361 (36.44 % of students) students get helped from the students loans (average amount : $4,530).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,185 (94%)$6,331423 (33%)$3,638
2014-151,042 (92%)$6,474418 (37%)$3,824
2015-16956 (93%)$6,644372 (36%)$3,899
2016-17863 (92%)$5,547385 (41%)$4,860
2017-18936 (89%)$5,617428 (41%)$4,637
2018-19908 (89%)$6,198398 (39%)$5,156
2019-20851 (97%)$8,752339 (39%)$4,758
2020-21780 (97%)$8,604276 (34%)$5,122
2021-22745 (100%)$8,283211 (28%)$4,876
Average918 (93.67%)$6,939361 (36.44%)$4,530
*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, 572 (57.56 % of students) received Pell (federal) grants and its average amount is $4,679.
In addition, 593 students received State/local government grants/scholarships (59.56 % 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
2013-14777 (61%)$4,209102 (8%)$537790 (62%)$1,959592 (47%)$4,442
2014-15706 (62%)$4,307123 (11%)$443723 (64%)$2,014501 (44%)$4,379
2015-16638 (62%)$4,63565 (6%)$564697 (68%)$2,168496 (48%)$3,724
2016-17525 (56%)$4,50254 (6%)$606593 (63%)$1,201439 (47%)$3,825
2017-18602 (57%)$4,75889 (8%)$716585 (56%)$1,067461 (44%)$3,700
2018-19561 (55%)$4,68389 (9%)$706586 (57%)$1,146596 (58%)$3,802
2019-20507 (58%)$4,947721 (82%)$1,044563 (64%)$1,128647 (74%)$5,489
2020-21430 (53%)$4,873640 (79%)$1,851423 (52%)$1,160521 (65%)$5,643
2021-22406 (54%)$5,195745 (100%)$1,538373 (50%)$1,178583 (78%)$4,247
Average572 (57.56%)$4,679292 (34.33%)$889593 (59.56%)$1,447537 (56.11%)$4,361
*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, 361 (36.44 % of students) get any students loan help and its average loan amount is $361.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14423 (33%)$3,638422 (33%)$3,6055 (0%)$3,540
2014-15418 (37%)$3,824415 (37%)$3,6927 (1%)$9,480
2015-16372 (36%)$3,899372 (36%)$3,73612 (1%)$5,057
2016-17385 (41%)$4,860381 (40%)$4,59916 (2%)$7,438
2017-18428 (41%)$4,637427 (41%)$4,40616 (2%)$6,437
2018-19398 (39%)$5,156390 (38%)$4,71627 (3%)$7,877
2019-20339 (39%)$4,758336 (38%)$4,53513 (1%)$6,866
2020-21276 (34%)$5,122267 (33%)$4,69220 (2%)$8,042
2021-22211 (28%)$4,876210 (28%)$4,7494 (1%)$7,875
Average361 (36.44%)$4,530358 (36.00%)$4,30313 (1.63%)$6,957
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