by our College Data Analytics TeamA large number 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 sum total of attendance at East Arkansas Community College can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial assistance solutions will East Arkansas Community College provide, and just what are you going to be eligible for? Read on for answers. Keep reading 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. Use the information below to understand how much financial assistance you may get from East Arkansas Community College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At East Arkansas Community College, 81% of entering full-time freshmen got some type of financial assistance roughly 93 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $5,891 |
| Institutional grants & scholarships | 18% | $2,090 |
| Federal Pell grants | 75% | $5,580 |
| State/local grants | 21% | $764 |
| Federal student loans | 3% | $3,917 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, some 68% of undergraduates were awarded an average grant or scholarship of $2,996 (covering around 848 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 68% | $2,996 |
| Federal Pell grants | 25% | $5,315 |
| Federal student loans | 2% | $5,337 |
For on-campus title-IV students, average grant aid came to $6,020.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,477 |
| $30,001 – $75,000 | $6,918 |
| Over $75,000 | $10,378 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $7,220 |
| Off-campus title-IV students | $6,769 |
For an estimate tailored to your family circumstances, see East Arkansas Community College’s online cost calculator: www.eacc.edu/pages?id=100.
Graduating students at East Arkansas Community College carry a median federal student debt of $4,750 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $4,750 |
| Median federal debt (graduates only) | $6,000 |
| Typical 10-year monthly payment (graduates) | $63.61/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown 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 East Arkansas Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $875 |
| 25th percentile | $1,500 |
| 75th percentile | $3,500 |
| 90th percentile (highest-debt students) | $6,000 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $4,500 |
| Middle income | $5,963 |
| High income | $3,875 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $4,000 |
| Continuing-generation students | $5,308 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,500 |
| Independent students | $5,758 |
The figure below distills the debt data into a single burden category for East Arkansas Community College.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at East Arkansas Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1174 |
| Total Stafford loan amount | $5,049,413 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $4,844 |
| Average GI Bill amount per recipient | $1,615 |
References
More about our data sources and methodologies.