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.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from UA Rich Mountain.
$5,788.00 is the typical University of Arkansas Rich Mountain’s first year financial aid package. Financial aid is provided to about 94% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Student loans come included in financial aid packages, however, the only true discount off of the price of college is a grant or scholarship that you do not need to pay back.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at University of Arkansas Rich Mountain.
In addition to scholarships, 82% of first years (149 total) were awarded federal grant aid, averaging $4,887.00 each.
These grants and scholarships consist of mostly federal grants, as well as some local and state awards.
82% of first years at University of Arkansas Rich Mountain (149 total) were awarded a federal grant, averaging $4,887.00.
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 37.36% | $7,050.00 |
| Income 30k-48k | 10.44% | $6,262.00 |
| Income 48k-75k | 12.64% | $5,061.00 |
| Income 75k-110k | 1.65% | $2,826.00 |
| Income 110k + | 0.00% | $0.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
94% of the 182 undergraduates at University of Arkansas Rich Mountain receive some sort of grant aid. This is a total of about 171 students getting an average of $5,788.00 per person.The majority of which come in the form 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.