Arkansas State University - Newport (ASUN) Financial Aid and Scholarships
Students Receiving Aid
50%
Total Aid Amount
$5.952M
Financial Aid Official Website
www.asun.edu/financial_aid
Notably, 86% of the students at Arkansas State University-Newport get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,986,650. One can visit ASUN's financial aid page at http://www.asun.edu/financial_aid for more information. Notably, a total of 63% of the applicants to Arkansas State University-Newport receive the Federal Grant every year. Meanwhile, 79% of the applicants receive the Student Grant and 16% are awarded the Institution Grant, while 63% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,283, while the same comes to $1,032 for State Grant receivers and $1,332 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,479. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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 ASUN, an estimated number of 14% of the applicants choose to go for student loans.
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