College of the Ouachitas Financial Aid and Scholarships
Students Receiving Aid
77%
Total Aid Amount
$2.415M
Financial Aid Official Website
www.coto.edu/pages/financial_aid
Notably, 92% of the students at Arkansas State University Three Rivers get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,308,373. One can visit ASUTR's financial aid page at http://www.coto.edu/pages/financial_aid for more information. At ASUTR, the total percentage of applicants who receive the Federal Grant stands at 72%. In comparison, 88% of the students are awarded the Student Grant, 12% get the Institution Grant, and 72% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,094, while the same comes to $1,127 for State Grant receivers and $2,789 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,114. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At ASUTR, an estimated number of 21% of the applicants choose to go for student loans.
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