University of Arkansas Community College Rich Mountain Financial Aid and Scholarships
Students Receiving Aid
46%
Total Aid Amount
$2.154M
Financial Aid Official Website
www.uarichmountain.edu/financial-aid
It is interesting to note that, every year, around 97% of students at UACCRM receive some kind of financial aid. More information regarding the financial assistance schemes can be accessed on UACCRM’s official financial aid page at http://www.uarichmountain.edu/financial-aid. At UACCRM, the total percentage of applicants who receive the Federal Grant stands at 97%. Meanwhile, 97% of the applicants receive the Student Grant and 44% are awarded the Institution Grant, while 84% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,869, the State Grant receivers and Institution Grant beneficiaries get $1,384 and $1,358, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,738. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Candidates are also required to repay these loans within a given period.