East Arkansas Community College (EACC) Financial Aid and Scholarships
Students Receiving Aid
65%
Total Aid Amount
$3.591M
Financial Aid Official Website
https://www.eacc.edu/financial-aid
It is interesting to note that, every year, around 92% of students at EACC receive some kind of financial aid, while the total amount of assistance/loans provided is $222,001. For additional information about financial assistance schemes, one can head over to EACC’s financial aid page at https://www.eacc.edu/financial-aid. At EACC, the total percentage of applicants who receive the Federal Grant stands at 77%. In comparison, 90% of the students are awarded the Student Grant, 26% get the Institution Grant, and 77% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,773, and the same stands at $944 for State Grant awardees and $1,655 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,813. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 4% of the applicants to East Arkansas Community College opt for student loans.
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