Scholarships, Grants, and Loan Trends at UCA

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 7,641, which is 83.56 % of all undergraduate students. 4,307 students which is 46.89% of undergraduate students received federal student loans and the average loan amount is $7,747.

For full-time, first-time beginning students (freshmen), 95.00% of students received grants or scholarships and 54% of students received student loans.

Trends by Subject

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at University of Central Arkansas since 2014.

For that period, the average number of students who received grants aid/scholarships is 7,641, which is 83.56 % of all undergraduate students. 4,307 students which is 46.89% of undergraduate students received federal student loans and the average loan amount is $7,747.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-158,199 (83%)$7,0494,073 (41%)$4,2755,087 (52%)$7,513
2015-168,271 (84%)$7,3154,101 (41%)$4,2524,994 (51%)$7,701
2016-177,982 (83%)$7,4003,818 (40%)$4,2334,610 (48%)$8,010
2017-187,874 (83%)$7,9094,101 (43%)$4,2524,994 (52%)$7,701
2018-197,939 (84%)$8,1163,718 (39%)$4,6844,443 (47%)$8,258
2019-207,700 (84%)$8,2943,450 (38%)$4,7164,167 (46%)$8,037
2020-217,285 (85%)$8,6333,151 (37%)$4,8323,722 (43%)$7,446
2021-226,875 (83%)$8,6522,995 (36%)$4,9133,411 (41%)$7,484
2022-236,642 (83%)$8,9632,985 (37%)$5,1723,333 (42%)$7,577
Average7,641 (83.56%)$8,0373,599 (39.11%)$4,5924,307 (46.89%)$7,747
*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, 1,802 (95.00 % of students) received grants or scholarships and its average amount is $7,613. It can cover 42.24% of tuition & fees ($18,023) based on out-of-state rate.

In addition, 1,020 (53.56 % of students) students get helped from the students loans (average amount : $7,530).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-152,041 (95%)$7,3071,256 (58%)$7,078
2015-161,926 (97%)$7,3161,140 (57%)$7,588
2016-171,772 (95%)$6,868967 (52%)$8,235
2017-181,832 (95%)$7,519994 (52%)$8,544
2018-191,933 (96%)$7,6231,107 (55%)$8,963
2019-201,744 (95%)$7,735995 (54%)$8,622
2020-211,568 (92%)$7,693877 (51%)$5,993
2021-221,735 (97%)$8,177930 (52%)$6,198
2022-231,671 (93%)$8,280914 (51%)$6,552
Average1,802 (95.00%)$7,6131,020 (53.56%)$7,530
*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, 841 (44.11 % of students) received Pell (federal) grants and its average amount is $4,827.

In addition, 1,349 students received State/local government grants/scholarships (70.89 % 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
2014-151,036 (48%)$4,53529 (1%)$1,0401,618 (75%)$2,2711,064 (49%)$6,120
2015-16956 (48%)$4,47951 (3%)$9611,529 (77%)$2,3461,080 (54%)$5,716
2016-17796 (43%)$4,511148 (8%)$9611,319 (71%)$1,4911,121 (60%)$5,771
2017-18815 (42%)$4,787120 (6%)$1,0751,377 (71%)$1,4951,158 (60%)$6,637
2018-19903 (45%)$4,852155 (8%)$8221,469 (73%)$1,5301,177 (58%)$6,778
2019-20769 (42%)$4,92469 (4%)$8941,354 (74%)$1,5961,078 (59%)$6,940
2020-21694 (41%)$5,003111 (7%)$9521,123 (66%)$1,8041,075 (63%)$6,009
2021-22797 (44%)$5,067155 (9%)$9711,187 (66%)$1,8121,353 (76%)$5,799
2022-23799 (44%)$5,285195 (11%)$9151,166 (65%)$1,9571,259 (70%)$5,681
Average841 (44.11%)$4,827115 (6.33%)$9551,349 (70.89%)$1,8111,152 (61.00%)$6,161
*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, 1,020 (53.56 % of students) get any students loan help and its average loan amount is $1,020.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-151,256 (58%)$7,0781,253 (58%)$6,94127 (1%)$7,151
2015-161,140 (57%)$7,5881,127 (57%)$7,37647 (2%)$7,194
2016-17967 (52%)$8,235955 (51%)$7,96738 (2%)$9,338
2017-18994 (52%)$8,544981 (51%)$8,21249 (3%)$8,916
2018-191,107 (55%)$8,9631,094 (54%)$8,54067 (3%)$8,642
2019-20995 (54%)$8,622977 (53%)$7,90488 (5%)$9,736
2020-21877 (51%)$5,993864 (51%)$5,10681 (5%)$10,426
2021-22930 (52%)$6,198910 (51%)$5,16795 (5%)$11,174
2022-23914 (51%)$6,552896 (50%)$5,250115 (6%)$11,174
Average1,020 (53.56%)$7,5301,006 (52.89%)$6,94067 (3.56%)$9,306

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