OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

University of Arkansas Community College at Morrilton (UACCM) Financial Aid and Scholarships 2022

Located in Morrilton, AR, University of Arkansas Community College-Morrilton is a public university. University of Arkansas Community College-Morrilton was founded in the year 1961. University of Arkansas Community College-Morrilton is recognised by its official colors, red and black. Across all the courses offered at University of Arkansas Community College-Morrilton, the enrolment stands at 1,836. The school has an academic staff of 87 who teach various courses to the students. At University o

University of Arkansas Community College at Morrilton (UACCM) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

76%

Total Aid Amount Average Total Aid Awarded per year.

$5.886M

Financial Aid Official Website

www.uaccm.edu/Future_Student/Financial_Aid.htm

Such schemes include University of Arkansas Community College at Morrilton - National Merit Scholarship. It is interesting to note that, every year, around 93% of students at UACCM receive some kind of financial aid, while the total amount of assistance/loans provided is $1,894,330. Notably, a total of 56% of the applicants to University of Arkansas Community College-Morrilton receive the Federal Grant every year. In comparison, 88% of the students are awarded the Student Grant, 45% get the Institution Grant, and 56% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,630, and the same stands at $953 for State Grant awardees and $1,366 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,556. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At University of Arkansas Community College-Morrilton, the percentage of candidates who opt to avail of student loans is around 15%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

63%

State Grant Aid

47%

Institution Grant Aid

46%

Pell Grant

62%

Average Aid Awarded

Federal Grant Aid

$4,566

State Grant Aid

$951

Institution Grant Aid

$1,356

Pell Grant

$4,468

It’s necessary to know how many students receive certain aids because it gives you a good idea of what to expect from each type of aid you are looking through. When it comes to grants, students get the opportunity to take up different grants; federal, institutional, or state grants.

Almost 63% of students receive an average of $4,566 in the form of Federal Grants.
62% of grant recipients receive the Pell Grant at an average of $4,468.
An average of $951 is what is awarded to 47% of students who are State Grant recipients.
The average Institutional Grant Aid average comes up to $1,356 among 46% of students who receive it.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,908

$30,001 - $48,000

$5,580

$48,001 - $75,000

$3,091

$75,001 - $110,000

$2,159

Over $110,000

$1,007

The financial aid breakdown based on family income gives a clear idea about what students can expect from financial aid according to their family income. This detailed structure is presented via the five annual income brackets with their respective average financial aid. The student can expect to see the variation in the amount of aid provided because of financial aid based on the EFC of the students.

If the student’s family income range falls under $30,000, then students can access financial aid up to a value of 5,908.
In case student annual income is between the range of $30,001 and $48,000, the amount up to which student may get financial aid is approximately $5,580.
For a student, family income bracket of $48,001 to $75,000, the student can get the aid of $3,091.
Furthermore, if student annual income lies between $75,001 and $110,000 the financial aid goes down to $2159.
The student whose income ranging above $110,000, will fetch an amount of financial aid of about $1,007.

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