by our College Data Analytics TeamA large number of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at University of the Ozarks can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial aid solutions can Ozarks deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to see just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Continue reading to find information to help you understand just how much assistance you can expect to receive from University of the Ozarks.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at University of the Ozarks, 100% of entering full-time freshmen got some type of financial assistance some 188 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $18,783 |
| Institutional grants & scholarships | 99% | $15,007 |
| Federal Pell grants | 50% | $6,296 |
| State/local grants | 25% | $1,703 |
| Federal student loans | 55% | $5,285 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Ozarks, some 100% of undergraduate students received gift aid averaging $18,287 (across approximately 763 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $18,287 |
| Federal Pell grants | 40% | $6,013 |
| Federal student loans | 44% | $5,575 |
On-campus students receiving title-IV aid were awarded grants averaging $21,306.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $10,768 |
| $30,001 – $75,000 | $12,309 |
| Over $75,000 | $17,400 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $17,360 |
| Off-campus title-IV students | $13,516 |
For an estimate tailored to your family circumstances, see Ozarks’s NPC: ozarks.edu/admissions-aid/costs-and-aid/costs-of-attendance/net-price-calculator/.
The median student at Ozarks graduates with $11,000 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,000 |
| Median federal debt (graduates only) | $20,875 |
| Typical 10-year monthly payment (graduates) | $221.31/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Ozarks.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,000 |
| 75th percentile | $19,250 |
| 90th percentile (highest-debt students) | $31,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $10,900 |
| Middle income | $9,500 |
| High income | $13,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,375 |
| Continuing-generation students | $14,475 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,000 |
| Independent students | $13,950 |
A handful of calculated indicators summarize the debt outlook at Ozarks.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Ozarks:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2452 |
| Total Stafford loan amount | $32,977,446 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 6 |
| Total GI Bill amount | $141,930 |
| Average GI Bill amount per recipient | $23,655 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.