$4,945

Avg. Federal Grant

$8,212

Avg. Federal Loan

$62,272,917

Total Aid Awarded

University of Central Arkansas (UCA) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

83%

Total Aid Amount Average Total Aid Awarded per year.

$62.273M

Financial Aid Official Website

www.uca.edu/financialaid/

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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

42%

State Grant Aid

71%

Institution Grant Aid

60%

Pell Grant

42%

Average Aid Awarded

Federal Grant Aid

$4,945

State Grant Aid

$1,495

Institution Grant Aid

$6,637

Pell Grant

$4,787

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,174

$30,001 - $48,000

$7,803

$48,001 - $75,000

$6,130

$75,001 - $110,000

$4,760

Over $110,000

$4,280

Student Loans for University of Central Arkansas (UCA)

Average Loan Amount Average Loan Amount received per year.

$8,544/Year

Students Taking Out Loans

52%

Loan Default Rate

7.5%