by our College Data Analytics TeamMany students will not be asked to pay 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 University of Arkansas Community College-Morrilton can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial assistance solutions will UACCM deliver, and just what are you going to be eligible for? Read on for answers. Keep scrolling to see what amount of financial assistance could be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at University of Arkansas Community College-Morrilton.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at University of Arkansas Community College-Morrilton, 92% of first-time, full-time freshmen received some form of financial aid some 362 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $5,839 |
| Institutional grants & scholarships | 57% | $918 |
| Federal Pell grants | 59% | $5,732 |
| State/local grants | 38% | $1,091 |
| Federal student loans | 8% | $4,661 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At UACCM, roughly 84% of undergraduate students received gift aid averaging $3,755 (across roughly 1867 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $3,755 |
| Federal Pell grants | 39% | $5,377 |
| Federal student loans | 10% | $4,906 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,637.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $10,754 |
| $30,001 – $75,000 | $11,631 |
| Over $75,000 | $14,731 |
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 | $8,725 |
| Off-campus title-IV students | $11,718 |
For a personalized estimate based on your family’s financial situation, use UACCM’s net price calculator: www.uaccm.edu/finance/calculator.html.
Graduating students at UACCM carry a median federal student debt of $6,300 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,300 |
| Median federal debt (graduates only) | $10,315 |
| Typical 10-year monthly payment (graduates) | $109.36/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at UACCM.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,500 |
| 25th percentile | $2,700 |
| 75th percentile | $9,874 |
| 90th percentile (highest-debt students) | $16,967 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,746 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,643 |
| Continuing-generation students | $4,921 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,499 |
| Independent students | $8,198 |
A handful of calculated indicators summarize the debt outlook at UACCM.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at UACCM:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4648 |
| Total Stafford loan amount | $43,347,050 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 29 |
| Total GI Bill amount | $87,853 |
| Average GI Bill amount per recipient | $3,029 |
References
More about our data sources and methodologies.