Cost of education increases for all students at Cossatot Community College of the University of Arkansas in 2022-23 school year

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The latest figures reveal that in-state tuition at Cossatot Community College of the University of Arkansas rose by 1.3% for the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Arkansas residents paid $4,010 to attend the two-year public college this year, an increase of $50 from the $3,960 charged during the 2021-22 academic year.

Non-resident tuition was 11.2% higher than that of residents in 2022-23, totaling $4,460. This represents a 1.1% rise from $4,410 in the previous school year.

Approximately 82% of the undergraduate student body at the college are Arkansas residents, while about 3% come from other states.

Data indicates that 91% of full-time undergraduates who began their studies at Cossatot Community College in 2022-23 received some form of financial aid. A total of 159 students were awarded grants or scholarships amounting to $881,041.

Across all undergraduate students, 709 individuals benefited from grants or scholarships, with the total financial aid reaching $4.3 million.

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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Cossatot Community College of the University of Arkansas 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 138 76% $777,130 $5,631
State / local grant or scholarship 64 35% $61,076 $954
Institutional grants or scholarships 42 23% $42,835 $1,020
Grant or scholarship aid total 159 88% $881,041 $5,541
Federal student loans 0 0% $0 $0
Other student loans 0 0% $0 $0
Student loan aid 0 0% $0 $0
Total student aid 164 91% $881,041 $5,372

Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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