SPSF of Northwest Arkansas is governed by a local board of directors.
A very generous grant from a private foundation covers SPSF NWA salaries, which means that YOUR donation goes to support scholarship and student programs.
Full time students (taking 12 or more credit hours) receive $1,750 per semester while part-time students (taking 6 or more credit hours) receive $900. Summer scholarships are $900.
Facts about SPSF NWA applicants
- Average age of SPSF NWA applicant is 31.
- Average number of children per SPSF NWA applicant family: 1.7
- Average age of children: 9 years
- Average income of 2014 applicants’ was $16,936 per year.
*This INCLUDES the value of financial resources such as food stamps, subsidized housing, child care vouchers, etc. 2014 federal poverty guidelines list the poverty level for a family of two at $15,730 per year.
Follow-up conducted in spring 2016 provides the following data on scholarship recipients:
- 83% of scholarship recipients in 2015 had graduated or were still in school as of spring 2016.
- 82% of 2015 graduates contacted were employed and earning an income above the poverty level
- 76% of returning students in 2015 had GPAs of 3.0 or higher.
- 20% of returning students in 2015 had GPAs of 4.0.
SPSF NWA contracted with the Survey Research Center at the University of Arkansas for a comprehensive survey of past and present applicants and recipients. The study found that, over time, receipt of the Single Parent Scholarship appears to be related to:
- increased rates of home ownership
- higher levels of education and income
- higher rates of full-time employment and health insurance for adults
- reductions in family, governmental and other types of aid received
- and increased contributions to community organizations.
With the exception of 2009, tuition and fees at the University of Arkansas have increased 40% over the past 5 years (4-8% each year since 2000) Federal need based financial aid (Pell Grants) has increased only 23% over the past 5 years.
Posted by admin on Thursday, June 3rd, 2010 @ 3:37PM
Categories: Facts, Higher Education, Student Statistics, Uncategorized
Tags: featured, Federal Poverty Guidelines, Single Parent Scholarship Fund applicants' statistics