Scholarships, Grants, and Loan Trends at Southern Arkansas University Main Campus

13%

Received Percent Changed

-$478

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 2,981, which is 89.78 % of all undergraduate students. 2,268 students which is 68.11% of undergraduate students received federal student loans and the average loan amount is $5,301.

For full-time, first-time beginning students (freshmen), 97.67% of students received grants or scholarships and 54% 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 Southern Arkansas University Main Campus since 2014.

For that period, the average number of students who received grants aid/scholarships is 2,981, which is 89.78 % of all undergraduate students. 2,268 students which is 68.11% of undergraduate students received federal student loans and the average loan amount is $5,301.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-152,555 (84%)$8,6931,501 (49%)$4,3741,485 (49%)$6,302
2015-162,628 (84%)$9,0211,564 (50%)$4,5191,546 (50%)$6,759
2016-172,740 (83%)$9,1011,649 (50%)$4,5112,543 (77%)$5,212
2017-182,894 (83%)$9,5781,708 (49%)$4,7282,642 (76%)$5,079
2018-193,223 (91%)$9,3601,724 (49%)$4,8002,701 (76%)$4,936
2019-203,416 (95%)$9,7061,634 (46%)$4,9002,644 (74%)$5,148
2020-213,181 (92%)$8,0301,553 (45%)$4,9122,526 (73%)$4,700
2021-223,123 (99%)$8,3941,347 (43%)$5,1992,230 (71%)$4,679
2022-233,067 (97%)$8,2151,404 (45%)$5,4062,099 (67%)$4,893
Average2,981 (89.78%)$8,9001,565 (47.33%)$4,8172,268 (68.11%)$5,301
*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, 761 (97.67 % of students) received grants or scholarships and its average amount is $8,947. It can cover 57.03% of tuition & fees ($15,690) based on out-of-state rate.

In addition, 426 (54.33 % of students) students get helped from the students loans (average amount : $5,666).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15679 (97%)$8,294350 (50%)$6,079
2015-16762 (97%)$8,865422 (54%)$5,262
2016-17810 (96%)$8,676525 (62%)$5,426
2017-18830 (97%)$8,977500 (58%)$5,465
2018-19866 (97%)$8,958486 (55%)$5,443
2019-20821 (99%)$8,754505 (61%)$5,814
2020-21754 (98%)$8,861397 (52%)$5,599
2021-22624 (99%)$9,316303 (48%)$5,949
2022-23699 (99%)$9,826345 (49%)$5,955
Average761 (97.67%)$8,947426 (54.33%)$5,666
*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, 428 (54.67 % of students) received Pell (federal) grants and its average amount is $4,897.

In addition, 394 students received State/local government grants/scholarships (50.44 % 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
2014-15387 (55%)$4,5618 (1%)$1,865405 (58%)$1,995571 (82%)$5,330
2015-16480 (61%)$4,6567 (1%)$1,643455 (58%)$2,088630 (80%)$5,649
2016-17490 (58%)$4,6487 (1%)$1,714445 (53%)$1,241666 (79%)$6,285
2017-18465 (54%)$4,8029 (1%)$1,778458 (53%)$1,154706 (82%)$6,619
2018-19491 (55%)$4,79114 (2%)$2,357435 (49%)$1,251699 (79%)$6,907
2019-20470 (56%)$4,91836 (4%)$2,269386 (46%)$1,149644 (77%)$6,755
2020-21374 (49%)$4,87312 (2%)$2,617359 (47%)$1,239612 (80%)$7,161
2021-22315 (50%)$5,31912 (2%)$2,333285 (45%)$1,468504 (80%)$7,324
2022-23382 (54%)$5,5044 (1%)$2,000318 (45%)$1,313600 (85%)$7,234
Average428 (54.67%)$4,89712 (1.67%)$2,064394 (50.44%)$1,433626 (80.44%)$6,585
*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, 426 (54.33 % of students) get any students loan help and its average loan amount is $426.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15350 (50%)$6,079344 (49%)$5,97111 (2%)$6,717
2015-16422 (54%)$5,262418 (53%)$5,2278 (1%)$4,456
2016-17525 (62%)$5,426523 (62%)$5,28213 (2%)$6,633
2017-18500 (58%)$5,465496 (58%)$5,32013 (2%)$7,196
2018-19486 (55%)$5,443481 (54%)$5,33812 (1%)$6,471
2019-20505 (61%)$5,814498 (60%)$5,52317 (2%)$10,904
2020-21397 (52%)$5,599385 (50%)$5,24723 (3%)$8,817
2021-22303 (48%)$5,949293 (47%)$5,45020 (3%)$10,284
2022-23345 (49%)$5,955345 (49%)$5,49121 (3%)$7,614
Average426 (54.33%)$5,666420 (53.56%)$5,42815 (2.11%)$7,677

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