Arkansas’s Best Colleges and Universities by Academic Stewardship

Arkansas’s Best Colleges and Universities by Academic Stewardship

What are the best colleges and universities in Arkansas if you reward schools for making the best use of their limited resources? Academic Stewardship asks how effectively schools manage their financial and human resources to gain the influence that makes them academically excellent. Schools that are exemplary in Academic Stewardship are doing everything in their power to help students and faculty achieve their full potential.

Colleges and universities in Arkansas deserve to be recognized when they do more with less. It’s impressive when a large wealthy school can spend money lavishly on expensive buildings and programs. But it’s even more impressive when a small school with limited means is able to train and inspire students that the larger wealthier schools tend to ignore.

The American Association of Colleges and Universities reported in late 2021 that almost 75 percent of higher-education professionals at US colleges and universities felt financial constraints prevented their schools from effectively attracting students. Distracted by the size and amenities of larger schools, prospective students tended especially to be overawed by the big research universities.

Arkansas’s smaller colleges, especially its liberal arts colleges, need effective ways of communicating their value to a world that celebrates “bigger is better” and “you need the best.” Unfortunately, most college ranking companies, such as U.S. News & World Report, define “best” in a way that devalues schools with smaller budgets and fewer students even when these schools do remarkable work in advancing their students’ education. By and large, college rankings penalize schools that serve underserved populations.

Inspired by Malcolm Gladwell, who for years now has criticized conventional college rankings for misrepresenting what’s good and valuable in education, we decided to construct a new ranking metric that highlights those schools that do more with less. That metric—called the Academic Stewardship metric—takes away both the size and the wealth advantage of schools, and focuses instead on how well schools use the resources available to them to advance the education of their students.

How We Measure the Academic Stewardship of Arkansas’s Colleges and Universities

Arkansas's Best Colleges and Universities by Academic Stewardship
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As a metric, Academic Stewardship is defined by a precise mathematical formula, which can be found in our Academic Stewardship white paper. Measuring the Academic Stewardship of Arkansas’s colleges requires measuring two forms of stewardship: 1) Stewardship of financial resources (using the money they have responsibility without waste) and 2) Stewardship of human resources (doing their best to help students, faculty, and administration to flourish). Together, these two types of stewardship form what we call  Academic Stewardship. If you want to learn more about the factors involved in Academic Stewardship, click the more button below.

  1. Stewardship of financial resources: To determine a school’s stewardship of financial resources, we factored in its undergraduate size, budget, endowments and reserves, as well as tuition and fees. All these data are available from the National Center for Educational Statistics Integrated Postsecondary Education Data System. In addition, we factored in a school’s financial responsibility as gauged by the Federal Student Aid Office at the US Department of Education through its financial responsibility composite scores.
  2. Stewardship of human resources: To determine a school’s stewardship of human resources, we used our InfluenceRanking engine to track the influence of the school’s faculty and alumni but also to control for size of the undergraduate student body. We’ve found that measuring a school’s influence based on the contributions of faculty and alumni make in their fields of study but then also controlling for size of the undergraduate population is the single best indicator of academic excellence. We call this Concentrated Influence. Schools that rank highly in Concentrated Influence are schools that, given their available human resources, invest heavily in their students and faculty, and the results are demonstrable.
    • We measure the influence of colleges and universities based on the publications and citations of the schools’ faculty and alumni who are teaching in and working in areas related to their degrees. To do this, we take publicly available databases, such as Semantic Scholar, Crossref, and Wikipedia and use these to measure the influence of academics in their disciplines. Having measured the influence of persons, we then identify the schools that they’re affiliated with, adding up the influence scores of the faculty and alumni to measure the influence of the schools and their disciplinary programs. Finally, we control these influence scores by size of undergraduate student body so that schools do not score high in influence simply because of a size advantage. We lay out these methodological considerations on our methodology page.
  3. Academic Stewardship: Having measured a school’s stewardship of financial and human resources in the two previous points, we now divide the second measure by the first to define the Academic Stewardship metric. This metric spotlights smaller schools, with fewer financial resources and people, that invest wisely and do proportionately better in building influence than large wealthy schools. Many of these smaller, less wealthy schools are incentivized to make better use of their resources but would never get recognized in conventional school rankings, which directly or indirectly put a premium on the wealth of schools.

Academic Stewardship as so defined is connected to keeping tuition and other costs down, but it should not be confused with affordability or frugality. The schools that this metric ranks as exemplary academic stewards tend to be all over the map when it comes to tuition and other costs. At issue is the influence of schools given the financial and human resources they have on hand. If a school is going to charge more for tuition, then that needs to be reflected in the school having proportionately greater influence.

Why Academic Stewardship Matters to Students and Their Families

The benefits of attending a school with strong academic stewardship include:

  • A clear reason for why students are at the school in the first place. Without the distraction of amenities and luxuries, these schools are at once unpretentious but also passionately committed to their educational mission. The schools in this ranking are financially efficient and academically rigorous. By avoiding frills, these schools take the most direct path to accomplishing their mission of educating students.
  • Valuing character over prestige and self-indulgence. A school that’s a good steward of its resources doesn’t instill shame in its students over what they are missing (such as elite cuisine) but rather pride in what they have and making the most of it. These schools exhibit a culture of good stewardship, which tends to build good character in the students that attend these schools.
  • Avoiding the spoiled-student syndrome. It’s easy to think that offering students endless options and opportunities will enrich their time at school in every way. But spoiling people—whether in business, sports, or academics—has the opposite effect, causing people to take their advantages for granted and in the end achieving less than they might otherwise, a point well-documented in Daniel Coyle’s The Talent Code. Schools exhibiting academic stewardship avoid this pitfall.
  • The best schools vs. the schools that help students to be their best. Students at schools demonstrating outstanding academic stewardship aren’t so much concerned about being at the “best” school, whatever that may mean, as about being at a school that helps them to be their best. These schools pay attention to their students, hoping that any glory goes to them rather than to the school. Small schools, and especially liberal arts colleges, help themselves by communicating this advantage to prospective students.
  • Emphasizing development over talent and achievement. Schools like Harvard and Stanford have their pick of academic talent, and their students have a long record of achievement even before they apply to such elite schools. But if a school doesn’t have the resources of a Harvard or Stanford, how does it build a great team of students? In that case, it must focus on student development. Colleges exemplifying academic stewardship emphasize student growth and development, ensuring that the schools are doing everything in their power to help students reach their full potential and thereby become their best selves.
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Arkansas’s Best Colleges and Universities by Academic Stewardship

  1. Other Rankings

    Tuition + fees

    $9K

    Acceptance

    69%

    Graduation

    41%

    Student body

    3K

    Median SAT/ACT

    925/16

    Career Outlook for degree at University of Arkansas at Pine Bluff

    Cost of Degree: $8,574
    Expenses: $13,776
    Starting Salary: $30,600
    Cost Recoup Time: 13 years
    Paid back at 15% of annual salary
    What is University of Arkansas at Pine Bluff known for?

    University of Arkansas at Pine Bluff’s faculty and alumni have been influential in:

    Most Influential Alumni

  2. #3

    Henderson State University

    Arkadelphia , AR
    Other Rankings

    Tuition + fees

    $8K

    Acceptance

    71%

    Graduation

    39%

    Student body

    3K

    Median SAT/ACT

    988/18

    Career Outlook for degree at Henderson State University

    Cost of Degree: $7,560
    Expenses: $19,534
    Starting Salary: $40,400
    Cost Recoup Time: 12 years
    Paid back at 15% of annual salary
  3. #5

    Harding University

    Searcy , AR
    Other Rankings

    Tuition + fees

    $23K

    Acceptance

    45%

    Graduation

    69%

    Student body

    6K

    Median SAT/ACT

    1170/24

    Career Outlook for degree at Harding University

    Cost of Degree: $23,148
    Expenses: $12,716
    Starting Salary: $47,000
    Cost Recoup Time: 14 years
    Paid back at 15% of annual salary

    Harding University’s Online Degrees

    BA in Bible And Ministry
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: None Reported
  4. Other Rankings

    Tuition + fees

    $7K

    Acceptance

    70%

    Graduation

    53%

    Student body

    18K

    Median SAT/ACT

    1090/22

    Career Outlook for degree at Arkansas State University

    Cost of Degree: $7,456
    Expenses: $17,097
    Starting Salary: $36,600
    Cost Recoup Time: 13 years
    Paid back at 15% of annual salary

    Arkansas State University’s Online Degrees

    BS in Business Administration
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BAS in Organizational Supervision
    • Required Credits: 125
    • Completion Time: None Reported
    • Format: Online
    BS in Digital Innovation
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Criminology
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Disaster Preparedness/Emergency Management
    • Required Credits: None Reported
    • Completion Time: None Reported
    • Format: Online
    BA in Communication Studies
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Creative Media Production
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BGS in General Studies
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Political Science
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Sociology
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Strategic Communication
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    Nursing: RN to BSN in Nursing
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Psychology
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
  5. Other Rankings

    Tuition + fees

    $10K

    Acceptance

    91%

    Graduation

    50%

    Student body

    12K

    Median SAT/ACT

    1035/22

    Career Outlook for degree at University of Central Arkansas

    Cost of Degree: $9,778
    Expenses: $14,870
    Starting Salary: $42,500
    Cost Recoup Time: 11 years
    Paid back at 15% of annual salary

    University of Central Arkansas’s Online Degrees

    BBA in General Business
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BBA in Insurance And Risk Management
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BBA in Management Information Systems
    Degree Concentrations
    • Business Analytics
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BGS in General Studies
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BSN in Nursing Rn To Bsn
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
  6. #8

    University of Arkansas

    Fayetteville , AR
    Other Rankings

    Tuition + fees

    $10K

    Acceptance

    79%

    Graduation

    69%

    Student body

    32K

    Median SAT/ACT

    1125/24

    Career Outlook for degree at University of Arkansas

    Cost of Degree: $9,656
    Expenses: $18,644
    Starting Salary: $52,700
    Cost Recoup Time: 11 years
    Paid back at 15% of annual salary

    University of Arkansas’s Online Degrees

    BS in Business Administration
    Degree Concentrations
    • Accounting
    • General Business
    • Supply Chain Management
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Education
    Degree Concentrations
    • Human Resources And Workforce Development Education
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Human Development And Family Sciences
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Interdisciplinary Studies
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
  7. Other Rankings

    Tuition + fees

    $10K

    Acceptance

    64%

    Graduation

    45%

    Student body

    5K

    Median SAT/ACT

    1047/20

    Career Outlook for degree at Southern Arkansas University

    Cost of Degree: $9,580
    Expenses: $15,765
    Starting Salary: $39,000
    Cost Recoup Time: 12 years
    Paid back at 15% of annual salary
    What is Southern Arkansas University known for?

    Southern Arkansas University’s faculty and alumni have been influential in:

    Most Influential Alumni

    Southern Arkansas University’s Online Degrees

    BBA/MBA in Business Administration
    • Required Credits: 150
    • Completion Time: None Reported
    • Format: Online
  8. Tuition + fees

    $6K

    Graduation

    42%

    Student body

    6K

    Career Outlook for degree at University of Arkansas–Fort Smith

    Cost of Degree: $6,418
    Expenses: $15,576
    Starting Salary: $35,000
    Cost Recoup Time: 12 years
    Paid back at 15% of annual salary
    What is University of Arkansas–Fort Smith known for?

    University of Arkansas–Fort Smith’s faculty and alumni have been influential in:

    Most Influential Alumni

    University of Arkansas–Fort Smith’s Online Degrees

    BA in Communication
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
  9. Other Rankings

    Tuition + fees

    $8K

    Graduation

    25%

    Student body

    9K

    What is University of Arkansas Grantham known for?

    University of Arkansas Grantham’s faculty and alumni have been influential in:

    University of Arkansas Grantham’s Online Degrees

    BS in Accounting
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Business Administration
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BBA in Financial Planning
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Computer Engineering Technology
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Computer Science
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Electronics Engineering Technology
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Information Systems
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Criminal Justice
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Cybersecurity
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Multidisciplinary Studies
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Multidisciplinary Studies
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Strategic Communications
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Health Information Management
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BSN in Nursing- Rn To Bsn
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
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Arkansas’s Best Colleges in Your Area of Interest

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Colleges and Universities in Arkansas

Colleges and universities in Arkansas are uniquely affordable, with just under half providing tuition rates of $9,000 or less. We’ve also found 7 high quality colleges offering online degree programs in Arkansas.

Indeed, online students can earn their degree at one of the state’s two largest universities, the University of Arkansas or Arkansas State University.

Though students can find some overlapping degree programs at the two schools, each has its specialties. For example, students hoping to pursue degrees in architecture, agriculture, or business may want to consider the University of Arkansas, while those interested in biology, nursing, or political science may want to attend Arkansas State University. It is possible to study these subjects both through traditional and online degree programs in the state of Arkansas.

Find college admissions consultants in your state.

Roughly one third of the schools in Arkansas have a religious affiliation. Student populations at these schools range from just under 200 students up to 5,000. Both traditional and online students can pursue degrees that merge religious studies with fields like chemistry and history.

Tuition rates at each of the state’s 12 private schools vary greatly. Arkansas’s private colleges and schools cost anywhere between $9,000 and $46,000. Many of these private colleges boast high graduation rates and small class sizes.

Arkansas is perhaps best-known and loved for its countless lakes, Hot Springs National Park, and the United States’ only active diamond mine. However, the Natural State houses many higher education institutes where both traditional and online students can earn associate, bachelor’s, master’s, and doctoral degrees in a full range of disciplines.

With so many affordable schools and competitive on-campus and online degree programs, students attending school in Arkansas have the luxury of combining their individual budget needs with their desired degree paths. For more information on attending school in Arkansas, check out some of the state’s top schools.


What are Arkansas’s Colleges & Universities?

Arkansas’s Best Overall

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