Most students are not billed 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 cost of going to Arkansas State University Mid-South can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial aid options can ASU Mid-South offer, and what will you qualify for? Keep reading for more information. Scroll down to find out just how much financial aid will be open 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 Mid-South.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to 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 State University Mid-South, 96% of first-time, full-time freshmen received some form of financial aid roughly 51 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $7,458 |
| Institutional grants & scholarships | 66% | $2,592 |
| Federal Pell grants | 68% | $7,462 |
| State/local grants | 4% | $750 |
| Federal student loans | 0% | — |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At ASU Mid-South, approximately 56% of the undergraduate population received grant aid that averaged $5,077 (for some 568 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $5,077 |
| Federal Pell grants | 31% | $6,910 |
| Federal student loans | 0% | — |
For on-campus title-IV students, average grant aid came to $8,938.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $2,773 |
| $30,001 – $75,000 | $4,500 |
| Over $75,000 | $6,522 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $5,427 |
| Off-campus title-IV students | $3,297 |
For a customized cost estimate, visit ASU Mid-South’s net price calculator: www.asumidsouth.edu/NetPriceCalculator16/npcalc.htm.
Federal data publishes pre-calculated indicators that summarize debt outcomes. ASU Mid-South.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at ASU Mid-South:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10 |
| Total Stafford loan amount | $39,759 |
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 | 5 |
| Total GI Bill amount | $11,362 |
| Average GI Bill amount per recipient | $2,272 |
References
More about our data sources and methodologies.