by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
Interested in understanding the financial aid resources available at Arkansas Baptist College and your eligibility? Find the answers you seek below.
Arkansas Baptist College average financial aid offer for freshmen students is $5,444.00. Financial aid is provided to about 100% of first-year students, with the bulk of support coming in the form of loans.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Arkansas Baptist College you may end up taking on.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The numbers below apply to scholarships and grants primarily provided by Arkansas Baptist College.
19% of new students (38 total) were offered scholarships at Arkansas Baptist College, averaging $4,593.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 79% of first years (158 total) were awarded federal grant aid, averaging $5,761.00 each.
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 64.18% | $5,643.00 |
| Income 30k-48k | 14.43% | $5,989.00 |
| Income 48k-75k | 6.47% | $4,778.00 |
| Income 75k-110k | 4.98% | $3,910.00 |
| Income 110k + | 4.48% | $3,222.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
Of the 201 undergraduate students at Arkansas Baptist College around 100% (201 total) receive some form of grant aid. The typical amount awarded was $5,444.00.The largest share of which are in the guise of Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.