Southern Arkansas University Tech Financial Aid and Scholarships
Students Receiving Aid
70%
Total Aid Amount
$3.944M
Financial Aid Official Website
https://www.sautech.edu/financial-aid/
Notably, 75% of the students at Southern Arkansas University Tech get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $495,321. One can visit SAUT's financial aid page at https://www.sautech.edu/financial-aid/ for more information. At SAUT, the total percentage of applicants who receive the Federal Grant stands at 67%. Meanwhile, 74% of the applicants receive the Student Grant and 25% are awarded the Institution Grant, while 62% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $7,060, the State Grant receivers and Institution Grant beneficiaries get $3,300 and $2,876, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,402. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Southern Arkansas University Tech, the percentage of candidates who opt to avail of student loans is around 21%.
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