by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
What amount of Texarkana College financial assistance will actually be available to you?Get answers to your questions here.
$6,268.00 is the typical Texarkana College’s first year financial aid package. 85% of reshman students get financial aid, most of which is in the form of grants and scholarships
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
Concerned about the student loans that might be part of your financing deal? Look at the average amount of debt per student at Texarkana College.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The numbers listed below make reference to help that is offered by Texarkana College.
16% of incoming freshmen (59 total) were given scholarships at Texarkana College, averaging $3,300.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 76% of freshmen (276 total) received a federal grant, for about $5,755.00 a person.
The table shows scholarship and grant allocations by income for first-year students receiving any type of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 50.14% | $7,048.00 |
| Income 30k-48k | 12.47% | $6,570.00 |
| Income 48k-75k | 8.31% | $4,375.00 |
| Income 75k-110k | 1.66% | $1,821.00 |
| Income 110k + | 0.00% | $0.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
85% of the 361 undergraduates at Texarkana College receive some sort of grant aid. This is a total of about 298 students getting an average of $6,268.00 per person.The largest share of which are in the guise of Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.
