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Arkansas State University Mid-South Financial Aid & Debt Outcomes

96% Freshmen Get Financial Aid
$5,077 Average Grant & Scholarship
56% Undergrads Get Grant Aid

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.

Why You Should Understand ASU Mid-South Financial Aid Info

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 for First-Year Students at 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 ReceivingAverage Amount
Grant or scholarship aid (all sources)96%$7,458
Institutional grants & scholarships66%$2,592
Federal Pell grants68%$7,462
State/local grants4%$750
Federal student loans0%

Scholarship and Grant Awards at Arkansas State University Mid-South

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 ReceivingAverage Amount
Grant or scholarship aid (all sources)56%$5,077
Federal Pell grants31%$6,910
Federal student loans0%

For on-campus title-IV students, average grant aid came to $8,938.

Net Price by Family Income at Arkansas State University Mid-South

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage 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.

Average Net Price for Arkansas State University Mid-South

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage 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.

Summary Debt Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. ASU Mid-South.

Federal Student Loans at Arkansas State University 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:

MetricValue
Stafford loan recipients10
Total Stafford loan amount$39,759

GI Bill and DoD Benefits at Arkansas State University Mid-South

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients5
Total GI Bill amount$11,362
Average GI Bill amount per recipient$2,272

References

More about our data sources and methodologies.

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