University of Arkansas - Fort Smith (UAFS) Financial Aid and Scholarships
Students Receiving Aid
73%
Total Aid Amount
$28.253M
Financial Aid Official Website
admissions.uafs.edu/sites/admissions.uafs.edu/files/Departments/Financial/documents/np_calc/npcalc.htm
Notably, 93% of the students at University of Arkansas-Fort Smith get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $13,770,282. One can visit UAFS's financial aid page at http://admissions.uafs.edu/sites/admissions.uafs.edu/files/Departments/Financial/documents/np_calc/npcalc.htm for more information. At UAFS, the total percentage of applicants who receive the Federal Grant stands at 55%. Meanwhile, 89% of the applicants receive the Student Grant and 58% are awarded the Institution Grant, while 55% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,770, and the same stands at $1,146 for State Grant awardees and $3,802 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,454. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. 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-Fort Smith, the percentage of candidates who opt to avail of student loans is around 39%.
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