University of Arkansas at Little Rock Financial Aid and Scholarships
Students Receiving Aid
51%
Total Aid Amount
$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%.
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