Scholarships, Grants, and Loan Trends at Arkansas Technical School

-14%

Received Percent Changed

$14

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 126, which is 70.67 % of all undergraduate students. 111 students which is 62.78% of undergraduate students received federal student loans and the average loan amount is $8,474.

For full-time, first-time beginning students (freshmen), 86.00% of students received grants or scholarships and 98% 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 Technical School since 2014.

For that period, the average number of students who received grants aid/scholarships is 126, which is 70.67 % of all undergraduate students. 111 students which is 62.78% of undergraduate students received federal student loans and the average loan amount is $8,474.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15252 (77%)$4,911247 (75%)$4,506230 (70%)$9,198
2015-16171 (64%)$4,674167 (62%)$4,369137 (51%)$8,113
2016-17155 (42%)$5,005153 (41%)$4,513153 (41%)$8,803
2017-18158 (74%)$4,840155 (73%)$4,482132 (62%)$8,295
2018-1966 (35%)$5,85564 (34%)$5,07957 (30%)$8,732
2019-2082 (88%)$5,19982 (88%)$5,14882 (88%)$9,322
2020-21108 (93%)$6,24986 (74%)$4,81887 (75%)$8,766
2021-2272 (100%)$5,00269 (96%)$4,66868 (94%)$7,386
2022-2366 (63%)$4,92566 (63%)$4,81157 (54%)$7,647
Average126 (70.67%)$5,184121 (67.33%)$4,710111 (62.78%)$8,474
*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, 6 (86.00 % of students) received grants or scholarships and its average amount is $5,627. It can cover 28.20% of tuition & fees ($19,950).

In addition, 7 (97.88 % of students) students get helped from the students loans (average amount : $8,906).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1513 (93%)$4,90314 (100%)$8,929
2015-165 (71%)$5,7757 (100%)$7,448
2016-175 (83%)$5,6655 (83%)$11,600
2017-181 (50%)$5,7752 (100%)$7,500
2018-19----
2019-202 (100%)$6,1952 (100%)$9,667
2020-212 (100%)$6,3452 (100%)$9,572
2021-2212 (100%)$4,64712 (100%)$6,986
2022-2310 (91%)$5,71011 (100%)$9,545
Average6 (86.00%)$5,6277 (97.88%)$8,906
*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, 6 (82.88 % of students) received Pell (federal) grants and its average amount is $5,763.

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
2014-1513 (93%)$4,903------
2015-165 (71%)$5,775------
2016-175 (83%)$5,665------
2017-181 (50%)$5,775------
2018-19--------
2019-202 (100%)$6,195------
2020-212 (100%)$6,345------
2021-229 (75%)$5,7343 (25%)$1,384----
2022-2310 (91%)$5,710------
Average6 (82.88%)$5,7633 (25.00%)$1,384----
*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, 7 (97.88 % of students) get any students loan help and its average loan amount is $7.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1514 (100%)$8,92914 (100%)$8,929--
2015-167 (100%)$7,4487 (100%)$7,448--
2016-175 (83%)$11,6005 (83%)$11,600--
2017-182 (100%)$7,5002 (100%)$7,500--
2018-19------
2019-202 (100%)$9,6672 (100%)$9,667--
2020-212 (100%)$9,5722 (100%)$9,572--
2021-2212 (100%)$6,98612 (100%)$6,986--
2022-2311 (100%)$9,54511 (100%)$9,545--
Average7 (97.88%)$8,9067 (97.88%)$8,906--

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