$4,855

Avg. Federal Grant

$4,406

Avg. Federal Loan

$28,253,066

Total Aid Awarded

University of Arkansas - Fort Smith (UAFS) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

73%

Total Aid Amount Average Total Aid Awarded per year.

$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%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

57%

State Grant Aid

56%

Institution Grant Aid

44%

Pell Grant

57%

Average Aid Awarded

Federal Grant Aid

$4,855

State Grant Aid

$1,067

Institution Grant Aid

$3,700

Pell Grant

$4,758

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,332

$30,001 - $48,000

$6,342

$48,001 - $75,000

$5,034

$75,001 - $110,000

$3,093

Over $110,000

$3,221

Student Loans for University of Arkansas - Fort Smith (UAFS)

Average Loan Amount Average Loan Amount received per year.

$4,637/Year

Students Taking Out Loans

41%

Loan Default Rate

16.4%

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