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South Arkansas College Financial Aid and Scholarship Details

95% Freshmen Get Financial Aid
$4,820 Average Grant & Scholarship
56% Undergrads Get Grant Aid

Many students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to South Arkansas College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.

What financial aid options can SouthArk offer, and what will you qualify for? Keep reading for more information. Keep scrolling to find out what amount of financial assistance will be accessible to you.

Understanding SouthArk Financial Aid Information

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from South Arkansas College.

Typical First Year Financial Aid at South Arkansas College

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

At South Arkansas College, 95% of first-time, full-time freshmen received some form of financial aid approximately 144 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)84%$5,493
Institutional grants & scholarships44%$2,490
Federal Pell grants59%$5,644
State/local grants14%$976
Federal student loans13%$3,626

Scholarship and Grant Awards at South Arkansas College

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, approximately 56% of the undergraduate population received grant aid that averaged $4,820 (across roughly 672 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)56%$4,820
Federal Pell grants41%$4,914
Federal student loans17%$4,884

Title-IV recipients living on campus saw average grant aid of $5,446.

Income-Adjusted Net Price at South Arkansas College

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

Family IncomeAverage Net Price
$0 – $48,000$6,022
$30,001 – $75,000$6,792
Over $75,000$12,138

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

What Students Actually Pay at South Arkansas College

The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.

CohortAverage Net Price
On-campus title-IV students$7,486
Off-campus title-IV students$6,235

To project your own net price, use SouthArk’s net price calculator: www.southark.edu/page/net-price-calculator.

Typical Student Debt at South Arkansas College

The median federal debt load at SouthArk comes to $7,000 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$7,000
Median federal debt (graduates only)$11,153
Typical 10-year monthly payment (graduates)$118.24/mo

At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.

The Full Range of Student Debt

Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at SouthArk.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,827
25th percentile$3,467
75th percentile$14,767
90th percentile (highest-debt students)$27,867

Debt Outcomes by Student Group at South Arkansas College

The figures below break down median federal debt by income tier, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$7,705
Middle income$6,718
High income$6,195

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$7,162
Continuing-generation students$5,748

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$5,500
Independent students$8,952

Is the Debt Manageable?

A handful of calculated indicators summarize the debt outlook at SouthArk.

Federal Student Loans at South Arkansas College

Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at SouthArk:

MetricValue
Stafford loan recipients4087
Total Stafford loan amount$53,223,370

Veterans Benefits at South Arkansas College

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

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients8
Total GI Bill amount$18,275
Average GI Bill amount per recipient$2,284

DoD program volume

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

External Resources for South Arkansas College

References

More about our data sources and methodologies.

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