The University of Arkansas Community College-Morrilton reported no increase in out-of-state tuition fees for the 2022-23 academic year, based on the latest information released, according to the latest disclosure from the National Center for Education Statistics.
Arkansas residents enrolled at the two-year public college paid $3,576 this year, marking a $120 increase from the $3,456 charged during the 2021-22 academic year.
Non-resident students faced tuition fees 15.4% higher than those for in-state students in 2022-23, totaling $4,128. This amount remained unchanged from the previous year.
Approximately 98% of the undergraduate student body at the college are Arkansas residents, while residents from other states and international students each represent about 1%.
Financial aid was granted to 94% of full-time undergraduates who began their studies at the University of Arkansas Community College-Morrilton in 2022-23. A total of 378 students received grants or scholarships amounting to $2 million, and 38 students obtained student loans exceeding $188,797.
Across the entire undergraduate population, 1,517 students benefited from grants or scholarships totaling $6.2 million. Additionally, 226 students secured federal student loans amounting to $1.2 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.
The following data includes only full-time students who began an undergraduate program at the the University of Arkansas Community College-Morrilton 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 | 262 | 64% | $1.5 million | $5,673 |
| State / local grant or scholarship | 194 | 47% | $245,676 | $1,266 |
| Institutional grants or scholarships | 235 | 57% | $253,880 | $1,080 |
| Grant or scholarship aid total | 378 | 92% | $2 million | $5,254 |
| Federal student loans | 36 | 9% | $180,197 | $5,005 |
| Other student loans | 0 | 1% | $0 | $0 |
| Student loan aid | 38 | 9% | $188,797 | $4,968 |
| Total student aid | 387 | 94% | $2.2 million | $5,619 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
