Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 7,511, which is 81.00 % of all undergraduate students. 4,688 students which is 49.89% of undergraduate students received federal student loans and the average loan amount is $7,028.

For full-time, first-time beginning students (freshmen), 95.56% of students received grants or scholarships and 55% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Arkansas State University since 2013.

For that period, the average number of students who received grants aid/scholarships is 7,511, which is 81.00 % of all undergraduate students. 4,688 students which is 49.89% of undergraduate students received federal student loans and the average loan amount is $7,028.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-147,644 (76%)$8,0554,566 (45%)$4,3355,394 (53%)$7,395
2014-157,590 (77%)$8,1784,500 (46%)$4,4005,329 (54%)$7,369
2015-167,423 (77%)$8,4954,232 (44%)$4,4225,066 (53%)$7,120
2016-177,371 (75%)$8,5174,054 (41%)$4,4405,133 (52%)$6,914
2017-187,124 (74%)$9,1453,954 (41%)$4,9704,902 (51%)$7,270
2018-197,024 (75%)$9,5343,731 (40%)$5,0614,674 (50%)$7,150
2019-207,603 (85%)$9,3253,472 (39%)$4,6244,354 (49%)$6,628
2020-217,774 (92%)$9,3233,114 (37%)$4,7303,841 (45%)$6,657
2021-228,047 (98%)$8,3712,968 (36%)$4,8833,496 (42%)$6,749
Average7,511 (81.00%)$8,7713,843 (41.00%)$4,6524,688 (49.89%)$7,028
*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.

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

For the last 10 years, on average, 1,392 (95.56 % of students) received grants or scholarships and its average amount is $9,516. It can cover 68.83% of tuition & fees ($13,826) based on out-of-state rate.

In addition, 798 (54.56 % of students) students get helped from the students loans (average amount : $5,746).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,494 (95%)$8,094881 (56%)$5,580
2014-151,580 (94%)$8,725914 (54%)$5,778
2015-161,433 (93%)$9,085808 (52%)$5,673
2016-171,449 (90%)$8,062910 (57%)$5,731
2017-181,342 (96%)$8,777795 (57%)$6,059
2018-191,454 (95%)$9,497833 (55%)$6,088
2019-201,318 (97%)$10,913773 (57%)$5,580
2020-211,231 (100%)$11,264662 (54%)$5,631
2021-221,224 (100%)$11,225603 (49%)$5,592
Average1,392 (95.56%)$9,516798 (54.56%)$5,746
*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, 633 (43.11 % of students) received Pell (federal) grants and its average amount is $4,759.

In addition, 1,035 students received State/local government grants/scholarships (70.33 % 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
2013-14722 (46%)$4,267108 (7%)$9281,218 (77%)$2,1861,022 (65%)$6,115
2014-15786 (47%)$4,362112 (7%)$9451,278 (76%)$2,2141,161 (69%)$6,392
2015-16711 (46%)$4,668118 (8%)$9271,133 (73%)$2,3501,077 (70%)$6,433
2016-17648 (40%)$4,423146 (9%)$9301,110 (69%)$1,5221,084 (67%)$6,449
2017-18581 (41%)$4,979135 (10%)$9871,041 (74%)$1,3881,076 (77%)$6,791
2018-19632 (41%)$5,058173 (11%)$9911,047 (69%)$1,5221,197 (78%)$7,391
2019-20585 (43%)$4,8831,156 (86%)$1,593956 (71%)$1,6871,044 (77%)$7,732
2020-21543 (44%)$4,8961,102 (89%)$2,287794 (64%)$1,4881,153 (93%)$6,509
2021-22485 (40%)$5,2941,221 (100%)$1,640738 (60%)$1,5481,117 (91%)$7,186
Average633 (43.11%)$4,759475 (36.33%)$1,2481,035 (70.33%)$1,7671,103 (76.33%)$6,778
*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, 798 (54.56 % of students) get any students loan help and its average loan amount is $798.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14881 (56%)$5,580879 (56%)$5,35929 (2%)$7,076
2014-15914 (54%)$5,778911 (54%)$5,58129 (2%)$6,779
2015-16808 (52%)$5,673803 (52%)$5,35242 (3%)$6,808
2016-17910 (57%)$5,731905 (56%)$5,20154 (3%)$9,408
2017-18795 (57%)$6,059789 (56%)$5,51654 (4%)$8,614
2018-19833 (55%)$6,088825 (54%)$5,41769 (5%)$8,735
2019-20773 (57%)$5,580767 (57%)$4,96955 (4%)$9,127
2020-21662 (54%)$5,631655 (53%)$5,09842 (3%)$9,249
2021-22603 (49%)$5,592596 (49%)$5,04934 (3%)$10,666
Average798 (54.56%)$5,746792 (54.11%)$5,28245 (3.22%)$8,496

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