The cost of in-state tuition at Southeast Arkansas College rose by 8.9% for the 2022-23 school year, based on recent disclosures, according to the latest disclosure from the National Center for Education Statistics.
Arkansas residents paid $4,200 to attend the two-year public college this year, an increase of $345 from the $3,855 charged during the 2021-22 academic year.
Non-resident students faced tuition fees 71.4% higher than those for residents in 2022-23, amounting to $7,200. This represented a 6.9% rise from the $6,735 charged in the previous year.
Approximately 94% of the undergraduate student body at the college are Arkansas residents, while about 6% come from other states.
Data indicates that 96% of full-time undergraduates who enrolled at Southeast Arkansas College in 2022-23 received some form of student financial aid. In total, 42 students were awarded grants or scholarships worth $181,081.
Across all undergraduates, 789 students utilized grants or scholarships totaling $3.5 million. Additionally, 199 students borrowed $1.2 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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 39 | 87% | $171,778 | $4,405 |
| State / local grant or scholarship | 8 | 18% | $6,300 | $788 |
| Institutional grants or scholarships | 0 | 7% | $0 | $0 |
| Grant or scholarship aid total | 42 | 93% | $181,081 | $4,311 |
| Federal student loans | 0 | 9% | $0 | $0 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 0 | 9% | $0 | $0 |
| Total student aid | 43 | 96% | $181,081 | $4,211 |
