Scholarships, Grants, and Loan Trends at Arkansas Baptist

-17%

Received Percent Changed

$8,039

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 563, which is 86.78 % of all undergraduate students. 476 students which is 71.33% of undergraduate students received federal student loans and the average loan amount is $6,240.

For full-time, first-time beginning students (freshmen), 94.11% of students received grants or scholarships and 75% 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 Baptist College since 2014.

For that period, the average number of students who received grants aid/scholarships is 563, which is 86.78 % of all undergraduate students. 476 students which is 71.33% of undergraduate students received federal student loans and the average loan amount is $6,240.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15811 (90%)$5,743793 (88%)$4,912802 (89%)$3,383
2015-16889 (90%)$6,925877 (89%)$2,822798 (81%)$4,033
2016-17765 (87%)$4,841711 (81%)$4,176692 (79%)$7,714
2017-18516 (87%)$6,152478 (81%)$4,398448 (76%)$7,037
2018-19525 (100%)$5,777493 (94%)$4,124439 (84%)$6,304
2019-20481 (91%)$7,327426 (81%)$5,477372 (70%)$7,119
2020-21402 (87%)$7,237307 (67%)$4,941290 (63%)$6,762
2021-22315 (76%)$13,217262 (63%)$5,728239 (58%)$6,912
2022-23363 (73%)$13,782228 (46%)$5,871207 (42%)$6,896
Average563 (86.78%)$7,889508 (76.67%)$4,717476 (71.33%)$6,240
*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, 191 (94.11 % of students) received grants or scholarships and its average amount is $7,670. It can cover 87.55% of tuition & fees ($8,760).

In addition, 160 (75.33 % of students) students get helped from the students loans (average amount : $5,993).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15267 (94%)$5,937271 (96%)$5,500
2015-16317 (86%)$5,967331 (89%)$5,100
2016-17225 (92%)$4,644173 (71%)$7,159
2017-18148 (91%)$6,753113 (69%)$6,173
2018-19176 (100%)$2,926135 (77%)$6,282
2019-20201 (100%)$5,444131 (65%)$5,835
2020-21138 (100%)$10,013123 (89%)$6,225
2021-22114 (85%)$15,56088 (66%)$5,911
2022-23134 (99%)$11,78476 (56%)$5,751
Average191 (94.11%)$7,670160 (75.33%)$5,993
*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, 177 (86.00 % of students) received Pell (federal) grants and its average amount is $4,723.

In addition, 15 students received State/local government grants/scholarships (6.50 % 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
2014-15267 (94%)$5,15039 (14%)$55027 (10%)$50244 (16%)$3,977
2015-16317 (86%)$5,050101 (27%)$90031 (8%)$80041 (11%)$4,268
2016-17207 (84%)$4,21018 (7%)$1,48416 (7%)$1,19487 (36%)$1,468
2017-18142 (87%)$4,51879 (48%)$31011 (7%)$1,05579 (48%)$4,073
2018-19144 (82%)$3,16662 (35%)$360--9 (5%)$4,084
2019-20158 (79%)$5,64227 (13%)$69511 (5%)$86438 (19%)$4,593
2020-21137 (99%)$5,235137 (99%)$4,18613 (9%)$1,50615 (11%)$4,768
2021-2292 (69%)$5,956110 (82%)$10,1225 (4%)$1,0403 (2%)$35,759
2022-23128 (94%)$3,576131 (96%)$7,7893 (2%)$3,47112 (9%)$7,541
Average177 (86.00%)$4,72378 (46.78%)$2,93315 (6.50%)$1,30436 (17.44%)$7,837
*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, 160 (75.33 % of students) get any students loan help and its average loan amount is $160.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15271 (96%)$5,500271 (96%)$5,500--
2015-16331 (89%)$5,100331 (89%)$5,100--
2016-17173 (71%)$7,159173 (71%)$7,159--
2017-18113 (69%)$6,173113 (69%)$6,173--
2018-19135 (77%)$6,282135 (77%)$6,282--
2019-20131 (65%)$5,835131 (65%)$5,835--
2020-21123 (89%)$6,225123 (89%)$6,225--
2021-2288 (66%)$5,91187 (65%)$5,8531 (1%)$11,000
2022-2376 (56%)$5,75173 (54%)$5,5123 (2%)$11,575
Average160 (75.33%)$5,993160 (75.00%)$5,9602 (1.50%)$11,288

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