by our College Data Analytics TeamMany students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Arkansas State University-Mountain Home can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financing options does ASUMH offer, and what will you qualify for? Keep scrolling for more information. Scroll down to discover how much school funding could be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Arkansas State University-Mountain Home.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For freshmen starting at Arkansas State University-Mountain Home, 94% of new full-time first-years were awarded at least some aid some 199 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $5,766 |
| Institutional grants & scholarships | 46% | $2,912 |
| Federal Pell grants | 59% | $5,482 |
| State/local grants | 40% | $1,170 |
| Federal student loans | 26% | $4,745 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At ASUMH, roughly 85% of the undergraduate population received grant aid that averaged $3,987 (covering around 1113 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $3,987 |
| Federal Pell grants | 46% | $4,977 |
| Federal student loans | 25% | $6,137 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $7,224.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,367 |
| $30,001 – $75,000 | $10,214 |
| Over $75,000 | $12,759 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,847 |
| Off-campus title-IV students | $9,659 |
For a customized cost estimate, visit ASUMH’s NPC: www.asumh.edu/financial-aid/net-price-calculator.html.
The middle student in the debt distribution at ASUMH owes $8,685 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,685 |
| Median federal debt (graduates only) | $10,500 |
| Typical 10-year monthly payment (graduates) | $111.32/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at ASUMH.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,035 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $10,028 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $10,623 |
| Middle income | $6,681 |
| High income | $4,875 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,000 |
| Continuing-generation students | $6,779 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,500 |
| Independent students | $11,381 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. ASUMH.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at ASUMH:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3155 |
| Total Stafford loan amount | $41,580,547 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 25 |
| Total GI Bill amount | $73,564 |
| Average GI Bill amount per recipient | $2,943 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.