Arkansas State University - Mid-South Financial Aid and Scholarships
Students Receiving Aid
46%
Total Aid Amount
$3.730M
Financial Aid Official Website
www.asumidsouth.edu/financialaid/
It is interesting to note that, every year, around 91% of students at ASUMS receive some kind of financial aid. More information regarding the financial assistance schemes can be accessed on ASUMS’s official financial aid page at http://www.asumidsouth.edu/financialaid/. The total percentage of candidates applying to Arkansas State University Mid-South who receive the Federal Grant is 79%. Meanwhile, 91% of the applicants receive the Student Grant and 34% are awarded the Institution Grant, while 79% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,561, and the same stands at $1,033 for State Grant awardees and $2,156 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,182. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.
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