UA Financial Aid & Scholarships

Financial Aid and Scholarships

Determining Financial Need, Application Procedure, Scholarships, Scholarships for New Students, College and Departmental Scholarships, Special Scholarships, Other Scholarships, Veterans Administration Beneficiaries, Other Types of Aid


The University of Arkansas annually awards over $30 million of financial aid and scholarships to its students. Financial aid is divided into the categories of grants, work, loans, and scholarships. Unless otherwise specified, a student needs to complete only three forms to apply for all these basic types of assistance: a financial need analysis form which analyzes the ability of the student's family to pay for college; the University's Financial Aid Questionnaire; and the University's Application for Admission. These forms collect information used by the Office of Scholarships and Financial Aid and the scholarship committees of the colleges in determining awards. In some cases, copies of the parents' and/or student's tax returns are needed. Since many scholarship awards are determined by multiple criteria, scholarship applicants are urged to complete the Free Application for Federal Student Aid (FAFSA). However, for 1996-97 this will be required of all scholarship a pplicants and recipients.

Determining Financial Need

To determine financial need a student must complete the Free Application for Federal Student Aid (FAFSA). All students must release their information to the University of Arkansas and the financial aid agency within the State. To do so, you MUST fill in the college release section, with the Title IV Code 001108 for the University of Arkansas.

A student should submit the need analysis form for processing so that the results will reach the Office of Scholarships and Financial Aid on or before the April 1 priority deadline. All federally-funded financial aid will be awarded on the basis of need as r eflected by one of these reports.

The Student Aid Report (consisting of several pages) will be sent directly to the student by the processing agency, and all pages of this report must be forwarded to the Office of Scholarships and Financial Aid immediately. The Student Aid Report must be received by the Financial Aid Office before other types of aid can be awarded. The student must be enrolled or accepted for enrollment before application for financial aid can be considered. To receive financial aid, the student must make satisfactory progress toward a degree, as defined by the University of Arkansas.

Application Procedure

  1. Apply for admission to the University, if not currently enrolled or admitted.
  2. Complete the appropriate University's financial aid form(s) and submit to the Office of Scholarships and Financial Aid according to the deadlines listed below.

All scholarship applicants must be admitted to the University by March 1. However, please check with your department for earlier deadlines and additional forms.

All financial aid applicants must complete the University's Financial Aid Questionnaire. Financial aid applicants must also submit a need analysis form. (See "Determining Financial Need.")

To receive priority consideration for financial aid, all forms and applications must be received by the Office of Scholarships and Financial Aid by April 1. Students are encouraged to apply even if they miss the April 1 priority deadline since limited funds are often available after the priority date.

Since the need analysis forms must be sent to a processor, we suggest that they be mailed by February 15 in order for the results to reach the Office of Scholarships and Financial Aid by April 1. (The processing time for the need analysis form is approximately four to six weeks.)

Scholarships

The University of Arkansas, Fayetteville, awards over 5,000 scholarships totaling more than $9 million for its students each year. This total does not include funds which support such external scholarships held by U of A students as Governor's Scholarships or Arkansas Academic Challenge Scholarship. Scholarships funded by the University fall into two broad categories: academic scholarships and special skill and interest scholarships.

Academic scholarships are either general University scholarships or those awarded by a specific academic area (college, department, or program). The general scholarships are awarded to new students. More specific scholarships are awarded to upper-class students whose scholastic performance at the University serves as a criterion for the awards.

Special skill and interest scholarships are awarded to new or continuing students on the basis of skills and performance in music (including band) and athletics, or on the basis of an interest in a military career (Army and Air Force scholarships).

Information about scholarship opportunities at the University is available from the Office of Admissions or the Office of Scholarships and Financial Aid. Students may also obtain specific information about scholarship opportunities from the University departments which award them. The following listing of scholarship programs is provided to demonstrate the scope of scholarship opportunities at the University of Arkansas. Space in this catalog does not permit an all-inclusive listing.

Scholarships for New Students

General University Scholarships to entering freshmen and transfer students. Selection criteria include national test scores (ACT or SAT), grade-point average, National Merit or National Achievement recognition, quality and quantity of courses taken, and other pertinent factors.

The following regulations govern the general University scholarships described below:

  1. March 1 is the scholarship deadline for entering freshmen and March 15 for entering transfer students. The applicant must be admitted to the University by the above mentioned deadline to be considered for these scholarships.
  2. An "entering freshman" is defined as a student who has not enrolled in another post-secondary institution in a fall or spring semester following graduation from high school.
  3. Eligibility for renewal of general University scholarships is determined at the end of the spring semester each "year." For this purpose, a "year" is defined as an academic year composed of summer sessions, fall semester, and spring semester.
  4. These scholarships are generally awarded per academic year to cover the fall and spring terms, up to an eight semester maximum. Renewal criteria is evaluated every two fall or spring semesters.
  5. Students who are placed on academic probation forfeit their scholarships effective the semester of probation.
Continued in next document.

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