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Arkansas Welding Academy Paying for Your Degree

97% Freshmen Get Financial Aid
$5,219 Average Grant & Scholarship
71% Undergrads Get Grant Aid

The majority of students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Arkansas Welding Academy can feel overpowering, but remember that the majority of students receive some sort of financial assistance.

What financial assistance options will Arkansas Welding Academy offer, and what will you qualify for? Read on for more information. Keep scrolling to see just how much financial aid could be open to you.

Understanding Arkansas Welding Academy Aid Information

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Arkansas Welding Academy.

Financial Aid for First-Year Students at Arkansas Welding Academy

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.

For incoming first-year students at Arkansas Welding Academy, 97% of the incoming full-time class was awarded financial aid roughly 90 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)84%$4,958
Institutional grants & scholarships1%$2,000
Federal Pell grants84%$4,868
State/local grants1%$5,000
Federal student loans67%$5,868

Scholarships and Grants at Arkansas Welding Academy

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Arkansas Welding Academy, approximately 71% of the undergraduate population received grant aid that averaged $5,219 (covering around 88 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)71%$5,219
Federal Pell grants71%$5,139
Federal student loans58%$5,573

On-campus students receiving title-IV aid were awarded grants averaging $4,868.

Net Price by Family Income at Arkansas Welding Academy

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$31,808
$30,001 – $75,000$33,592
Over $75,000$36,960

Remember these are net prices — what families pay after gift aid, not before.

Average Net Price for Arkansas Welding Academy

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.

CohortAverage Net Price
On-campus title-IV students$35,590
Off-campus title-IV students$32,511

To project your own net price, use Arkansas Welding Academy’s online cost calculator: arkansasweldingacademy.edu/wp-content/calculator.html.

Median Student Debt for Graduates of Arkansas Welding Academy

Graduating students at Arkansas Welding Academy carry a median federal student debt of $5,500 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$5,500
Median federal debt (graduates only)$5,500
Typical 10-year monthly payment (graduates)$58.31/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

Median Debt by Student Group at Arkansas Welding Academy

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

By Family Income

Income tierMedian federal debt
Low income$8,360

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$4,865
Independent students$8,360

At-a-Glance Debt Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. Arkansas Welding Academy.

Federal Stafford Lending at Arkansas Welding Academy

The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Arkansas Welding Academy:

MetricValue
Stafford loan recipients155
Total Stafford loan amount$1,001,616

Aid for Military-Affiliated Students at Arkansas Welding Academy

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

GI Bill volume

MetricValue
GI Bill recipients14
Total GI Bill amount$327,067
Average GI Bill amount per recipient$23,362

Arkansas Welding Academy Financial Aid Resources

References

More about our data sources and methodologies.

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