by our College Data Analytics TeamThe total cost of attendance at University of Central Arkansas can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
Discover the financial aid possibilities at UCA and learn what assistance you might qualify for by continuing to read.
University of Central Arkansas average financial aid offer for freshmen students is $7,089.00. Approximately 97% of incoming freshmen obtain financial assistance, with the majority being offered as loans.
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from University of Central Arkansas you may end up taking on.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The numbers below apply to scholarships and grants primarily provided by University of Central Arkansas.
59% of new students (1078 total) were given scholarships at University of Central Arkansas, averaging $6,940.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 42% of first-year students (769 total) got a federal grant, for about $5,004.00 per person.
The table following demonstrates grant and scholarship distributions by income level for freshmen getting any sort of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 16.97% | $9,049.00 |
| Income 30k-48k | 10.39% | $8,169.00 |
| Income 48k-75k | 13.87% | $6,387.00 |
| Income 75k-110k | 8.27% | $3,841.00 |
| Income 110k + | 9.30% | $3,915.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
97% of the 1838 undergraduates at University of Central Arkansas receive some sort of grant aid. This is a total of about 1744 students getting an average of $7,089.00 per person.
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.