Arkansas State University Financial Aid and Scholarships
Students Receiving Aid
74%
Total Aid Amount
$65.150M
Financial Aid Official Website
www.astate.edu/finaid
Notably, 97% of the students at Arkansas State University-Main Campus get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $33,417,709. One can visit ASUMC's financial aid page at http://www.astate.edu/finaid for more information. Notably, a total of 41% of the applicants to Arkansas State University-Main Campus receive the Federal Grant every year. On the other hand, 95% of the candidates get the Student Grant, 78% receive the Institution Grant, and 41% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,329, while the same comes to $1,522 for State Grant receivers and $7,391 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $5,061. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Arkansas State University-Main Campus, the percentage of candidates who opt to avail of student loans is around 55%.
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