Southern Arkansas University Tech did not increase out-of-state tuition fees for the 2022-23 academic year, as revealed in the most recent data disclosure, according to the latest disclosure from the National Center for Education Statistics.
Arkansas residents paid $4,519 to attend the two-year public institution this year, an increase of $99 from the $4,420 charged during the 2021-22 academic year.
Non-resident students were charged the same tuition as Arkansas residents in 2022-23, paying $4,519. This represented a 27.2% decrease from the $6,210 tuition fee in the 2021-22 school year.
Approximately 88% of the undergraduate student body at the university are Arkansas residents, while about 12% come from other states.
Data indicates that 92% of full-time undergraduates who enrolled at Southern Arkansas University Tech in 2022-23 received some form of student financial aid. A total of 180 students were awarded grants or scholarships amounting to $1.7 million, and 30 students obtained loans exceeding $112,964.
Across the entire undergraduate population, 672 students benefited from grants or scholarships totaling $4.8 million. Additionally, 82 students borrowed federal student loans totaling $311,987.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
The following data includes only full-time students who began an undergraduate program at the Southern Arkansas University Tech in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 180 | 92% | $1.1 million | $6,382 |
| State / local grant or scholarship | 82 | 42% | $337,876 | $4,120 |
| Institutional grants or scholarships | 72 | 37% | $245,794 | $3,414 |
| Grant or scholarship aid total | 180 | 92% | $1.7 million | $9,624 |
| Federal student loans | 25 | 13% | $105,704 | $4,228 |
| Other student loans | 6 | 3% | $7,260 | $1,210 |
| Student loan aid | 30 | 15% | $112,964 | $3,765 |
| Total student aid | 180 | 92% | $1.8 million | $10,251 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
