How Arkansas's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at University of Arkansas since 2011.

For that period, the average number of students who received grants aid/scholarships is 13,237, which is 59.91 % of all undergraduate students. 8,385 students which is 38.09% of undergraduate students received federal student loans and the average loan amount is $6,664.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	11,713 (62%)	$7,100	4,839 (25%)	$3,926	7,913 (42%)	$6,903
2012-13	12,274 (60%)	$7,137	4,939 (24%)	$3,975	8,311 (41%)	$6,891
2013-14	12,456 (59%)	$6,919	4,956 (24%)	$4,044	8,459 (40%)	$6,868
2014-15	12,560 (58%)	$6,779	5,011 (23%)	$4,060	8,729 (40%)	$6,793
2015-16	12,603 (57%)	$6,868	4,809 (22%)	$4,059	8,652 (39%)	$6,660
2016-17	12,515 (56%)	$7,113	4,607 (20%)	$4,059	8,717 (39%)	$6,754
2017-18	12,699 (55%)	$7,696	4,605 (20%)	$4,229	8,617 (37%)	$6,604
2018-19	12,681 (54%)	$7,825	4,533 (19%)	$4,285	8,588 (37%)	$6,450
2019-20	16,129 (70%)	$6,725	4,277 (19%)	$4,357	8,294 (36%)	$6,480
2020-21	15,663 (69%)	$7,534	4,097 (18%)	$4,462	7,708 (34%)	$6,472
2021-22	14,316 (59%)	$8,877	4,420 (18%)	$4,462	8,244 (34%)	$6,424
Average	13,237 (59.91%)	$7,325	4,645 (21.09%)	$4,174	8,385 (38.09%)	$6,664

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 12 years, on average, 3,036 (63.45 % of students) received grants or scholarships and its average amount is $7,117. It can cover 24.74% of tuition & fees ($28,772) based on out-of-state rate.

In addition, 2,025 (42.09 % of students) students get helped from the students loans (average amount : $7,422).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	2,950 (67%)	$7,392	1,983 (45%)	$6,116
2012-13	3,012 (66%)	$7,619	1,878 (41%)	$6,435
2013-14	2,664 (62%)	$6,276	1,863 (43%)	$6,956
2014-15	2,837 (63%)	$6,685	1,909 (42%)	$6,904
2015-16	2,903 (60%)	$6,526	2,060 (42%)	$7,177
2016-17	2,825 (57%)	$6,629	2,145 (43%)	$7,654
2017-18	2,926 (58%)	$7,210	2,099 (42%)	$7,803
2018-19	2,805 (56%)	$7,410	2,141 (43%)	$7,979
2019-20	3,828 (84%)	$5,709	1,915 (42%)	$8,404
2020-21	3,058 (65%)	$8,362	1,852 (40%)	$7,864
2021-22	3,583 (60%)	$8,474	2,429 (40%)	$8,350
Average	3,036 (63.45%)	$7,117	2,025 (42.09%)	$7,422

^*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 12 years, on average, 950 (19.82 % of students) received Pell (federal) grants and its average amount is $4,376.

In addition, 2,071 students received State/local government grants/scholarships (43.55 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	1,012 (23%)	$4,023	236 (5%)	$923	2,197 (50%)	$4,689	1,447 (33%)	$4,988
2012-13	1,015 (22%)	$4,136	239 (5%)	$948	2,266 (50%)	$4,764	1,572 (35%)	$4,917
2013-14	929 (22%)	$4,156	257 (6%)	$931	1,967 (46%)	$2,660	1,620 (38%)	$4,560
2014-15	957 (21%)	$4,240	145 (3%)	$964	2,112 (47%)	$2,905	1,833 (41%)	$4,709
2015-16	918 (19%)	$4,292	245 (5%)	$983	2,062 (42%)	$2,860	1,812 (37%)	$4,894
2016-17	963 (20%)	$4,235	293 (6%)	$922	2,049 (41%)	$2,246	2,012 (41%)	$4,859
2017-18	966 (19%)	$4,462	303 (6%)	$941	2,089 (42%)	$2,342	2,232 (44%)	$5,201
2018-19	953 (19%)	$4,421	292 (6%)	$925	2,077 (42%)	$2,536	1,953 (39%)	$5,650
2019-20	830 (18%)	$4,639	3,544 (78%)	$541	2,028 (44%)	$2,787	1,996 (44%)	$5,229
2020-21	855 (18%)	$4,728	1,296 (28%)	$1,262	1,960 (42%)	$2,797	2,443 (52%)	$5,899
2021-22	1,052 (17%)	$4,809	1,683 (28%)	$2,628	1,971 (33%)	$2,791	2,629 (44%)	$5,850
Average	950 (19.82%)	$4,376	776 (16.00%)	$1,088	2,071 (43.55%)	$3,034	1,959 (40.73%)	$5,160

^*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 12 years, on average, 2,025 (42.09 % of students) get any students loan help and its average loan amount is $2,025.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	1,983 (45%)	$6,116	1,964 (44%)	$5,462	138 (3%)	$10,152
2012-13	1,878 (41%)	$6,435	1,861 (41%)	$5,553	150 (3%)	$11,661
2013-14	1,863 (43%)	$6,956	1,840 (43%)	$5,838	185 (4%)	$11,988
2014-15	1,909 (42%)	$6,904	1,888 (42%)	$5,622	208 (5%)	$12,339
2015-16	2,060 (42%)	$7,177	2,025 (42%)	$5,516	274 (6%)	$13,196
2016-17	2,145 (43%)	$7,654	2,102 (43%)	$5,693	302 (6%)	$14,737
2017-18	2,099 (42%)	$7,803	2,049 (41%)	$5,544	335 (7%)	$14,979
2018-19	2,141 (43%)	$7,979	2,092 (42%)	$5,407	376 (8%)	$15,349
2019-20	1,915 (42%)	$8,404	1,861 (41%)	$5,429	373 (8%)	$16,060
2020-21	1,852 (40%)	$7,864	1,797 (38%)	$5,442	298 (6%)	$16,058
2021-22	2,429 (40%)	$8,350	2,352 (39%)	$5,373	471 (8%)	$16,229
Average	2,025 (42.09%)	$7,422	1,985 (41.45%)	$5,534	283 (5.82%)	$13,886

Scholarships, Grants, and Loan Trends at Arkansas

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

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