Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,490, which is 81.67 % of all undergraduate students. 273 students which is 14.44% of undergraduate students received federal student loans and the average loan amount is $5,179.

For full-time, first-time beginning students (freshmen), 93.44% of students received grants or scholarships and 11% 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 North Arkansas College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,490, which is 81.67 % of all undergraduate students. 273 students which is 14.44% of undergraduate students received federal student loans and the average loan amount is $5,179.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,601 (74%)$4,3271,328 (61%)$3,902529 (24%)$5,857
2014-151,416 (72%)$4,3751,167 (59%)$3,891410 (21%)$5,417
2015-161,287 (72%)$4,4861,044 (58%)$3,883312 (17%)$5,352
2016-171,474 (78%)$3,9131,061 (56%)$3,911300 (16%)$5,267
2017-181,399 (77%)$4,197985 (54%)$4,273247 (14%)$5,234
2018-191,552 (86%)$3,816885 (49%)$4,284198 (11%)$5,208
2019-201,490 (89%)$5,249805 (48%)$4,387181 (11%)$5,288
2020-211,400 (87%)$3,960708 (44%)$4,362147 (9%)$5,504
2021-221,791 (100%)$4,614657 (37%)$4,636134 (7%)$3,485
Average1,490 (81.67%)$4,326960 (51.78%)$4,170273 (14.44%)$5,179
*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, 328 (93.44 % of students) received grants or scholarships and its average amount is $5,105. It can cover 92.08% of tuition & fees ($5,544) based on out-of-state rate.

In addition, 41 (11.22 % of students) students get helped from the students loans (average amount : $4,358).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14348 (93%)$5,02250 (13%)$4,501
2014-15330 (91%)$5,00252 (14%)$5,039
2015-16347 (92%)$5,16851 (13%)$3,938
2016-17371 (92%)$4,55747 (12%)$4,567
2017-18387 (95%)$4,56147 (11%)$4,348
2018-19337 (90%)$4,83449 (13%)$3,818
2019-20325 (93%)$4,86335 (10%)$4,281
2020-21240 (95%)$4,89522 (9%)$3,918
2021-22268 (100%)$7,04117 (6%)$4,813
Average328 (93.44%)$5,10541 (11.22%)$4,358
*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, 238 (66.44 % of students) received Pell (federal) grants and its average amount is $4,482.

In addition, 164 students received State/local government grants/scholarships (45.78 % 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
2013-14263 (70%)$4,28738 (10%)$742210 (56%)$1,817120 (32%)$1,753
2014-15254 (70%)$4,32636 (10%)$830179 (49%)$1,872101 (28%)$1,852
2015-16268 (71%)$4,23735 (9%)$987191 (51%)$1,970126 (33%)$1,959
2016-17292 (72%)$4,15939 (10%)$694185 (46%)$1,180121 (30%)$1,909
2017-18291 (71%)$4,45738 (9%)$803186 (45%)$1,125135 (33%)$1,690
2018-19268 (71%)$4,42442 (11%)$767163 (43%)$1,060137 (37%)$1,740
2019-20221 (63%)$4,55246 (13%)$4,291159 (45%)$1,026121 (34%)$1,766
2020-21136 (54%)$4,932200 (79%)$1,08397 (38%)$96795 (38%)$2,037
2021-22151 (56%)$4,968268 (100%)$3,222105 (39%)$1,11092 (34%)$1,703
Average238 (66.44%)$4,48282 (27.89%)$1,491164 (45.78%)$1,347116 (33.22%)$1,823
*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, 41 (11.22 % of students) get any students loan help and its average loan amount is $41.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1450 (13%)$4,50150 (13%)$4,501--
2014-1552 (14%)$5,03952 (14%)$5,039--
2015-1651 (13%)$3,93851 (13%)$3,938--
2016-1747 (12%)$4,56747 (12%)$4,567--
2017-1847 (11%)$4,34847 (11%)$4,1781 (0%)$8,000
2018-1949 (13%)$3,81848 (13%)$3,8661 (0%)$1,500
2019-2035 (10%)$4,28131 (9%)$4,0874 (1%)$5,788
2020-2122 (9%)$3,91822 (9%)$3,918--
2021-2217 (6%)$4,81317 (6%)$4,813--
Average41 (11.22%)$4,35841 (11.11%)$4,3232 (1.00%)$5,096

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