by our College Data Analytics TeamA large number of students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Arkansas State University can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial assistance options will A-State offer you, and what will you qualify for? Read on for more information. Keep scrolling to learn what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Arkansas State University.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Among first-time, full-time freshmen at Arkansas State University, 98% of entering full-time freshmen got some type of financial assistance approximately 1471 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $13,395 |
| Institutional grants & scholarships | 93% | $9,833 |
| Federal Pell grants | 44% | $6,369 |
| State/local grants | 53% | $1,816 |
| Federal student loans | 45% | $5,270 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, approximately 80% of undergraduate students received gift aid averaging $9,974 (covering around 6990 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $9,974 |
| Federal Pell grants | 38% | $6,343 |
| Federal student loans | 42% | $7,406 |
On-campus students receiving title-IV aid were awarded grants averaging $12,716.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $10,322 |
| $30,001 – $75,000 | $12,690 |
| Over $75,000 | $16,570 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $12,366 |
| Off-campus title-IV students | $13,085 |
For an estimate tailored to your family circumstances, see A-State’s net price tool: www.astate.edu/a/finaid/tuition-fees/net-price-calculator/index.dot.
The median federal debt load at A-State comes to $15,000 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,000 |
| Median federal debt (graduates only) | $20,500 |
| Typical 10-year monthly payment (graduates) | $217.33/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at A-State.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $25,250 |
| 90th percentile (highest-debt students) | $38,767 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $16,000 |
| Middle income | $14,421 |
| High income | $14,750 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,250 |
| Continuing-generation students | $14,266 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,323 |
| Independent students | $17,000 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. A-State.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at A-State:
| Metric | Value |
|---|---|
| Stafford loan recipients | 53939 |
| Total Stafford loan amount | $1,296,506,376 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 234 |
| Total GI Bill amount | $1,054,134 |
| Average GI Bill amount per recipient | $4,505 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 108 |
| Total DoD amount | $274,366 |
| Average DoD amount per recipient | $2,540 |
References
More about our data sources and methodologies.