Scholarships, Grants, and Loan Trends at Arkansas

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 13,514, which is 59.67 % of all undergraduate students. 8,445 students which is 37.33% of undergraduate students received federal student loans and the average loan amount is $6,612.
For full-time, first-time beginning students (freshmen), 62.78% of students received grants or scholarships and 42% 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 since 2013.
For that period, the average number of students who received grants aid/scholarships is 13,514, which is 59.67 % of all undergraduate students. 8,445 students which is 37.33% of undergraduate students received federal student loans and the average loan amount is $6,612.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1412,456 (59%)$6,9194,956 (24%)$4,0448,459 (40%)$6,868
2014-1512,560 (58%)$6,7795,011 (23%)$4,0608,729 (40%)$6,793
2015-1612,603 (57%)$6,8684,809 (22%)$4,0598,652 (39%)$6,660
2016-1712,515 (56%)$7,1134,607 (20%)$4,0598,717 (39%)$6,754
2017-1812,699 (55%)$7,6964,605 (20%)$4,2298,617 (37%)$6,604
2018-1912,681 (54%)$7,8254,533 (19%)$4,2858,588 (37%)$6,450
2019-2016,129 (70%)$6,7254,277 (19%)$4,3578,294 (36%)$6,480
2020-2115,663 (69%)$7,5344,097 (18%)$4,4627,708 (34%)$6,472
2021-2214,316 (59%)$8,8774,420 (18%)$4,4628,244 (34%)$6,424
Average13,514 (59.67%)$7,3714,591 (20.33%)$4,2248,445 (37.33%)$6,612

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

For the last 10 years, on average, 3,048 (62.78 % of students) received grants or scholarships and its average amount is $7,031. It can cover 24.44% of tuition & fees ($28,772) based on out-of-state rate.
In addition, 2,046 (41.89 % of students) students get helped from the students loans (average amount : $7,677).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,664 (62%)$6,2761,863 (43%)$6,956
2014-152,837 (63%)$6,6851,909 (42%)$6,904
2015-162,903 (60%)$6,5262,060 (42%)$7,177
2016-172,825 (57%)$6,6292,145 (43%)$7,654
2017-182,926 (58%)$7,2102,099 (42%)$7,803
2018-192,805 (56%)$7,4102,141 (43%)$7,979
2019-203,828 (84%)$5,7091,915 (42%)$8,404
2020-213,058 (65%)$8,3621,852 (40%)$7,864
2021-223,583 (60%)$8,4742,429 (40%)$8,350
Average3,048 (62.78%)$7,0312,046 (41.89%)$7,677
*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, 936 (19.22 % of students) received Pell (federal) grants and its average amount is $4,442.
In addition, 2,035 students received State/local government grants/scholarships (42.11 % 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
2013-14929 (22%)$4,156257 (6%)$9311,967 (46%)$2,6601,620 (38%)$4,560
2014-15957 (21%)$4,240145 (3%)$9642,112 (47%)$2,9051,833 (41%)$4,709
2015-16918 (19%)$4,292245 (5%)$9832,062 (42%)$2,8601,812 (37%)$4,894
2016-17963 (20%)$4,235293 (6%)$9222,049 (41%)$2,2462,012 (41%)$4,859
2017-18966 (19%)$4,462303 (6%)$9412,089 (42%)$2,3422,232 (44%)$5,201
2018-19953 (19%)$4,421292 (6%)$9252,077 (42%)$2,5361,953 (39%)$5,650
2019-20830 (18%)$4,6393,544 (78%)$5412,028 (44%)$2,7871,996 (44%)$5,229
2020-21855 (18%)$4,7281,296 (28%)$1,2621,960 (42%)$2,7972,443 (52%)$5,899
2021-221,052 (17%)$4,8091,683 (28%)$2,6281,971 (33%)$2,7912,629 (44%)$5,850
Average936 (19.22%)$4,442895 (18.44%)$1,1222,035 (42.11%)$2,6582,059 (42.22%)$5,206
*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, 2,046 (41.89 % of students) get any students loan help and its average loan amount is $2,046.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,863 (43%)$6,9561,840 (43%)$5,838185 (4%)$11,988
2014-151,909 (42%)$6,9041,888 (42%)$5,622208 (5%)$12,339
2015-162,060 (42%)$7,1772,025 (42%)$5,516274 (6%)$13,196
2016-172,145 (43%)$7,6542,102 (43%)$5,693302 (6%)$14,737
2017-182,099 (42%)$7,8032,049 (41%)$5,544335 (7%)$14,979
2018-192,141 (43%)$7,9792,092 (42%)$5,407376 (8%)$15,349
2019-201,915 (42%)$8,4041,861 (41%)$5,429373 (8%)$16,060
2020-211,852 (40%)$7,8641,797 (38%)$5,442298 (6%)$16,058
2021-222,429 (40%)$8,3502,352 (39%)$5,373471 (8%)$16,229
Average2,046 (41.89%)$7,6772,001 (41.22%)$5,540314 (6.44%)$14,548
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