Tuition for Arkansas residents attending the University of Arkansas Community College Rich Mountain rose by 4% during the 2022-23 school year, based on the latest figures, according to the latest disclosure from the National Center for Education Statistics.
Arkansas residents paid $3,720 to enroll at the two-year public college this year, an increase of $144 from the $3,576 charged in the 2021-22 academic year.
Non-resident students faced tuition costs 6.5% higher than residents, amounting to $3,960 in 2022-23. This represents a 3.8% rise from $3,816 in the previous year.
Approximately 80% of the undergraduate student body at the college are Arkansas residents. Students from other states make up about 18%, while international students account for 2%.
Data indicates that 97% of full-time undergraduates who began studies at the college in 2022-23 received some form of financial aid. Among them, 129 students were awarded grants or scholarships totaling $809,198, while 34 students secured student loans exceeding $209,648.
Across all undergraduate students, 414 received grants or scholarships amounting to $2.8 million. Additionally, 78 students obtained federal student loans totaling $408,166.
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 the University of Arkansas Community College Rich Mountain 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 | 82 | 61% | $502,757 | $6,131 |
| State / local grant or scholarship | 66 | 49% | $108,049 | $1,637 |
| Institutional grants or scholarships | 69 | 51% | $198,392 | $2,875 |
| Grant or scholarship aid total | 129 | 96% | $809,198 | $6,273 |
| Federal student loans | 34 | 25% | $175,004 | $5,147 |
| Other student loans | 0 | 3% | $0 | $0 |
| Student loan aid | 34 | 25% | $209,648 | $6,166 |
| Total student aid | 131 | 97% | $1 million | $7,777 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
