Cost of college increased for all Arkansas State University-Beebe students during 2022-23 school year

Chuck Welch President - Arkansas State University-Beebe
Chuck Welch President - Arkansas State University-Beebe
0Comments

Arkansas State University-Beebe reported a 3.3% rise in in-state tuition fees for the 2022-23 school year, as per the latest information released, according to the latest disclosure from the National Center for Education Statistics.

Arkansas residents paid $3,024 to attend the two-year public college this year, which is $96 higher than the $2,928 charged in the 2021-22 academic year.

Non-resident students faced tuition costs 56.3% above those for residents, paying $4,728 in 2022-23. This represents a 1.5% increase from the $4,656 charged in the previous year.

Approximately 98% of the undergraduate student body at the university are Arkansas residents, while about 2% come from other states.

Data indicates that 87% of full-time undergraduates who began studies at Arkansas State University-Beebe in 2022-23 received some form of student financial aid. A total of 441 students were awarded grants or scholarships amounting to $2.4 million, and 103 students obtained student loans exceeding $554,904.

Among all undergraduate students, 1,391 received grants or scholarships totaling $7.2 million. Additionally, 376 students borrowed $2.2 million in federal student loans.

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 Arkansas State University-Beebe in the 2022-23 school year.

Type of AidNumber of students awarded aidPercent awarded aidTotal amount of aid awardedAverage amount of aid per student
Federal grants29555%$1.6 million$5,530
State / local grant or scholarship22441%$231,330$1,033
Institutional grants or scholarships21139%$538,037$2,550
Grant or scholarship aid total44182%$2.4 million$5,444
Federal student loans10219%$544,372$5,337
Other student loans00%$0$0
Student loan aid10319%$554,904$5,387
Total student aid46887%$3 million$6,315
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



Related

Chuck Welch President - Arkansas State University-Beebe

Arkansas State University-Beebe ranks among Arkansas public institutions with lowest in-state tuition and fees in 2024

In 2024, in-state students at Arkansas State University-Beebe faced college costs totaling $3,336, according to the latest disclosure from the National Center for Education Statistics.

Chuck Welch President - Arkansas State University-Beebe

In-state students at Arkansas State University-Beebe paid some of the lowest tuition and fees in 2023

College costs for in-state students at Arkansas State University-Beebe, in Beebe, were $3,216 in 2023, according to the latest disclosure from the National Center for Education Statistics.

HU Spring Sing23

HU Spring Sing23

This year marks 49 years of Spring Sing!

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from East Little Rock Times.