It is interesting to note that, every year, a substantial number of students at UAMS receive some kind of financial aid, and the total amount of the assistance/loans provided stands at $3,131,891. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,693. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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.