Notably, 98% of the students at University of Central Arkansas get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $36,690,732. For additional information about financial assistance schemes, one can head over to UCA’s financial aid page at http://www.uca.edu/financialaid/. The total percentage of candidates applying to University of Central Arkansas who receive the Federal Grant is 45%. Meanwhile, 96% of the applicants receive the Student Grant and 58% are awarded the Institution Grant, while 45% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,993, and the same stands at $1,530 for State Grant awardees and $6,778 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,684. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 55% of the applicants to University of Central Arkansas opt for student loans.