by our College Data Analytics TeamThe majority of students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Arkansas State University-Newport can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial assistance options will ASUN offer, 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.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Arkansas State University-Newport.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Arkansas State University-Newport, 86% of the incoming full-time class was awarded financial aid approximately 159 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $6,246 |
| Institutional grants & scholarships | 41% | $3,257 |
| Federal Pell grants | 56% | $5,851 |
| State/local grants | 31% | $1,069 |
| Federal student loans | 15% | $3,454 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at ASUN, some 73% of the undergraduate population received grant aid that averaged $4,194 (for some 1272 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $4,194 |
| Federal Pell grants | 45% | $5,355 |
| Federal student loans | 21% | $4,553 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,616.
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 | $8,491 |
| $30,001 – $75,000 | $10,715 |
| Over $75,000 | $14,296 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $8,444 |
| Off-campus title-IV students | $9,730 |
To project your own net price, use ASUN’s NPC: www.asun.edu/getstarted/netprice.php#gsc.tab=0.
The middle student in the debt distribution at ASUN owes $5,750 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,750 |
| Median federal debt (graduates only) | $8,002 |
| Typical 10-year monthly payment (graduates) | $84.83/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at ASUN.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,915 |
| 75th percentile | $8,900 |
| 90th percentile (highest-debt students) | $13,688 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,515 |
| Middle income | $5,500 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,972 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $8,924 |
The figure below distills the debt data into a single burden category for ASUN.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at ASUN:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3320 |
| Total Stafford loan amount | $28,557,223 |
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.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 14 |
| Total GI Bill amount | $31,151 |
| Average GI Bill amount per recipient | $2,225 |
References
More about our data sources and methodologies.