by our College Data Analytics TeamMany 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 sum total of attendance at North Arkansas College can sound tremendous, but do not forget that almost all students get some type of financial help.
What financial aid options can Northark offer, and what will you qualify for? Keep reading for more information. Keep going to see just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at North Arkansas College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at North Arkansas College, 86% of new full-time first-years were awarded at least some aid around 260 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $5,014 |
| Institutional grants & scholarships | 26% | $1,850 |
| Federal Pell grants | 60% | $5,757 |
| State/local grants | 33% | $1,001 |
| Federal student loans | 7% | $4,132 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Northark, around 68% of the undergraduate population received grant aid that averaged $3,990 (across approximately 1311 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 68% | $3,990 |
| Federal Pell grants | 36% | $5,379 |
| Federal student loans | 8% | $5,605 |
On-campus students receiving title-IV aid were awarded grants averaging $6,666.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,248 |
| $30,001 – $75,000 | $9,800 |
| Over $75,000 | $14,425 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $10,180 |
| Off-campus title-IV students | $10,146 |
To get a personalized net price estimate, try Northark’s net price tool: www.northark.edu/paying-for-college/.
A typical borrower at Northark leaves with $5,928 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,928 |
| Median federal debt (graduates only) | $9,000 |
| Typical 10-year monthly payment (graduates) | $95.41/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at Northark.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,250 |
| 75th percentile | $11,500 |
| 90th percentile (highest-debt students) | $20,000 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,725 |
| Middle income | $5,734 |
| High income | $4,511 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,500 |
| Continuing-generation students | $5,250 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,070 |
| Independent students | $8,938 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Northark.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Northark:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4098 |
| Total Stafford loan amount | $53,097,061 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 33 |
| Total GI Bill amount | $95,968 |
| Average GI Bill amount per recipient | $2,908 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.