$4,935

Avg. Federal Grant

$6,648

Avg. Federal Loan

$37,229,190

Total Aid Awarded

University of Arkansas at Little Rock Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

51%

Total Aid Amount Average Total Aid Awarded per year.

$37.229M

Financial Aid Official Website

ualr.edu/financialaid/

As many as 95% of the students at UALR get some sort of financial aid, and the total amount of assistance/loans provided is more than $30,628,249 in a year. One can visit UALR's financial aid page at http://ualr.edu/financialaid/ for more information. Notably, a total of 60% of the applicants to University of Arkansas at Little Rock receive the Federal Grant every year. In comparison, 89% of the students are awarded the Student Grant, 46% get the Institution Grant, and 60% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,176, the State Grant receivers and Institution Grant beneficiaries get $1,344 and $6,906, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,782. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At University of Arkansas at Little Rock, the percentage of candidates who opt to avail of student loans is around 59%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

56%

State Grant Aid

58%

Institution Grant Aid

51%

Pell Grant

55%

Average Aid Awarded

Federal Grant Aid

$4,935

State Grant Aid

$1,078

Institution Grant Aid

$7,338

Pell Grant

$4,817

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$11,668

$30,001 - $48,000

$8,849

$48,001 - $75,000

$7,191

$75,001 - $110,000

$6,524

Over $110,000

$6,432

Student Loans for University of Arkansas at Little Rock

Average Loan Amount Average Loan Amount received per year.

$6,778/Year

Students Taking Out Loans

60%

Loan Default Rate

8.5%

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