Phillips Community College of the University of Arkansas saw a 2.6% rise in in-state tuition fees for the 2022-23 school year, based on the latest reported figures, according to the latest disclosure from the National Center for Education Statistics.
Arkansas residents paid $3,500 to attend the two-year public college this year, which is $90 higher than the $3,410 charged during the 2021-22 academic year.
Non-resident students faced tuition costs that were 44.6% higher than those for residents in the 2022-23 school year, amounting to $5,060. This represents a 3.1% increase from the $4,910 charged in 2021-22.
The entire undergraduate student body at the institution consists of Arkansas residents.
Among full-time undergraduates who began studies at Phillips Community College in 2022-23, 92% received some form of student financial aid. A total of 104 students were awarded grants or scholarships amounting to $736,747.
Overall, 561 undergraduate students utilized grants or scholarships totaling $3.5 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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 98 | 85% | $658,518 | $6,720 |
| State / local grant or scholarship | 19 | 17% | $23,500 | $1,237 |
| Institutional grants or scholarships | 27 | 23% | $54,729 | $2,027 |
| Grant or scholarship aid total | 104 | 90% | $736,747 | $7,084 |
| Federal student loans | 0 | 0% | $0 | $0 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 0 | 0% | $0 | $0 |
| Total student aid | 106 | 92% | $736,747 | $6,950 |
