South Arkansas Community College Financial Aid and Scholarships
Students Receiving Aid
73%
Total Aid Amount
$4.223M
Financial Aid Official Website
https://www.southark.edu/pay-for-college/pay-for-college-financial-aid
As many as 94% of the students at SACC get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,714,435 in a year. More information regarding the financial assistance schemes can be accessed on SACC’s official financial aid page at https://www.southark.edu/pay-for-college/pay-for-college-financial-aid. At SACC, the total percentage of applicants who receive the Federal Grant stands at 62%. On the other hand, 78% of the candidates get the Student Grant, 17% receive the Institution Grant, and 62% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,015, while the same comes to $1,243 for State Grant receivers and $1,974 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,423. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At SACC, an estimated number of 17% of the applicants choose to go for student loans.
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