Arkansas Tech University (ATU) Financial Aid and Scholarships
Students Receiving Aid
70%
Total Aid Amount
$51.080M
Financial Aid Official Website
www.atu.edu/finaid/
It is interesting to note that, every year, around 96% of students at ATU receive some kind of financial aid, while the total amount of assistance/loans provided is $27,310,532. For additional information about financial assistance schemes, one can head over to ATU’s financial aid page at http://www.atu.edu/finaid/. At ATU, the total percentage of applicants who receive the Federal Grant stands at 55%. In comparison, 94% of the students are awarded the Student Grant, 77% get the Institution Grant, and 55% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,941, while the same comes to $1,308 for State Grant receivers and $4,973 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,557. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At ATU, an estimated number of 50% of the applicants choose to go for student loans.
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