Scholarships, Grants, and Loan Trends at UAM

-10%

Received Percent Changed

$2,452

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 2,258, which is 77.78 % of all undergraduate students. 1,463 students which is 48.89% of undergraduate students received federal student loans and the average loan amount is $6,584.

For full-time, first-time beginning students (freshmen), 93.89% of students received grants or scholarships and 55% 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 University of Arkansas at Monticello since 2014.

For that period, the average number of students who received grants aid/scholarships is 2,258, which is 77.78 % of all undergraduate students. 1,463 students which is 48.89% of undergraduate students received federal student loans and the average loan amount is $6,584.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-152,972 (82%)$6,3202,130 (59%)$3,9131,945 (53%)$5,681
2015-162,593 (76%)$6,7991,829 (53%)$3,9921,693 (49%)$6,063
2016-172,496 (68%)$6,9321,836 (50%)$3,9731,995 (54%)$6,374
2017-182,549 (75%)$6,3661,943 (57%)$4,4182,055 (60%)$6,800
2018-192,070 (74%)$8,3061,387 (49%)$4,8471,284 (46%)$6,724
2019-202,047 (81%)$8,7381,232 (49%)$5,0271,170 (46%)$6,952
2020-211,990 (85%)$8,1151,213 (52%)$4,9481,068 (45%)$6,691
2021-221,966 (87%)$9,4481,125 (50%)$5,098987 (44%)$6,817
2022-231,643 (72%)$8,7721,121 (49%)$5,563974 (43%)$7,152
Average2,258 (77.78%)$7,7551,535 (52.00%)$4,6421,463 (48.89%)$6,584
*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, 464 (93.89 % of students) received grants or scholarships and its average amount is $7,046. It can cover 47.42% of tuition & fees ($14,857) based on out-of-state rate.

In addition, 277 (55.00 % of students) students get helped from the students loans (average amount : $5,350).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15583 (95%)$6,692386 (63%)$4,990
2015-16487 (95%)$7,649309 (60%)$5,168
2016-17443 (91%)$6,849315 (64%)$4,872
2017-18578 (93%)$7,297392 (63%)$5,051
2018-19479 (87%)$6,353286 (52%)$5,324
2019-20445 (98%)$6,432245 (54%)$5,756
2020-21422 (99%)$5,881199 (47%)$5,738
2021-22410 (100%)$9,286189 (46%)$5,602
2022-23325 (87%)$6,974172 (46%)$5,651
Average464 (93.89%)$7,046277 (55.00%)$5,350
*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, 317 (63.44 % of students) received Pell (federal) grants and its average amount is $5,040.

In addition, 204 students received State/local government grants/scholarships (40.67 % 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
2014-15439 (71%)$4,42351 (8%)$1,096289 (47%)$2,084284 (46%)$4,584
2015-16366 (71%)$4,55171 (14%)$836233 (46%)$2,251261 (51%)$5,653
2016-17327 (67%)$4,41592 (19%)$401195 (40%)$1,408250 (51%)$5,115
2017-18412 (66%)$4,91781 (13%)$439295 (47%)$1,807334 (54%)$4,859
2018-19318 (58%)$5,25660 (11%)$910193 (35%)$1,117212 (38%)$5,194
2019-20279 (62%)$5,357388 (86%)$1,306179 (40%)$963160 (35%)$4,304
2020-21241 (57%)$5,249372 (87%)$1,143170 (40%)$1,098138 (32%)$4,385
2021-22231 (56%)$5,324410 (100%)$2,806145 (35%)$1,166244 (59%)$5,155
2022-23236 (63%)$5,86466 (18%)$543134 (36%)$1,190172 (46%)$3,997
Average317 (63.44%)$5,040177 (39.56%)$1,053204 (40.67%)$1,454228 (45.78%)$4,805
*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, 277 (55.00 % of students) get any students loan help and its average loan amount is $277.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15386 (63%)$4,990386 (63%)$4,9642 (0%)$4,971
2015-16309 (60%)$5,168309 (60%)$5,1193 (1%)$4,987
2016-17315 (64%)$4,872314 (64%)$4,7847 (1%)$4,666
2017-18392 (63%)$5,051390 (63%)$4,9148 (1%)$7,920
2018-19286 (52%)$5,324285 (52%)$5,2204 (1%)$8,801
2019-20245 (54%)$5,756245 (54%)$5,7132 (0%)$5,250
2020-21199 (47%)$5,738196 (46%)$5,46610 (2%)$7,049
2021-22189 (46%)$5,602185 (45%)$5,4937 (2%)$6,103
2022-23172 (46%)$5,651171 (46%)$5,5804 (1%)$4,447
Average277 (55.00%)$5,350276 (54.78%)$5,2505 (1.29%)$6,022

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