$5,436

Avg. Federal Grant

$5,780

Avg. Federal Loan

$58,223,515

Total Aid Awarded

Allegheny College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

99%

Total Aid Amount Average Total Aid Awarded per year.

$58.224M

Financial Aid Official Website

https://sites.allegheny.edu/finaid/

Interestingly, almost all of the students at AC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $7,823,657 in a year. One can visit AC's financial aid page at https://sites.allegheny.edu/finaid/ for more information. The total percentage of candidates applying to Allegheny College who receive the Federal Grant is 37%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 37% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,249, the State Grant receivers and Institution Grant beneficiaries get $3,415 and $35,737, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,694. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Those with a family income below $30,000 per annum, would get an average federal aid of $42,247 in a year. The average aid amount stands at $40,887 for an annual family income between $30,001 and $48,000. This amount comes to $38,138 for those who fall under the $48,001-$75,000 family income bracket. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $34,465. And, for those with a family income of more than $110,000, the amount stands at $26,299. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At AC, an estimated number of 64% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

37%

State Grant Aid

26%

Institution Grant Aid

100%

Pell Grant

37%

Average Aid Awarded

Federal Grant Aid

$5,436

State Grant Aid

$3,359

Institution Grant Aid

$32,056

Pell Grant

$4,826

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$43,577

$30,001 - $48,000

$42,497

$48,001 - $75,000

$39,403

$75,001 - $110,000

$35,098

Over $110,000

$28,727

Student Loans for Allegheny College

Average Loan Amount Average Loan Amount received per year.

$7,983/Year

Students Taking Out Loans

74%

Loan Default Rate

3.1%

Other Colleges In Pennsylvania

Gettysburg College is a private university located in Gettysburg, Pennsylvania. Taking into account all the courses offered at Gettysburg College, the total enrolment stands at 2,370. The school has an academic staff of 263 who teach various courses to the students. There are around 52% of the st

Gettysburg, Pennsylvania 4 years Private Not-For-Profit

There is a private university in Bethlehem, PA called Lehigh University. The total enrolment stands at 7,017 students at Lehigh University. Around 5,075 and 1942 students take admission in various undergraduate and postgraduate courses of the university. To teach various courses to the students, the

Bethlehem, Pennsylvania 4 years Private For-Profit

Duquesne University which is a private, Roman Catholic university, is located in Pittsburgh, Pennsylvania. In addition to over 5,942 undergraduate students, DU also boasts of over 3248 students in its postgraduate courses, taking the total enrollment to over 9,190. The school has a total of 706 acad

Pittsburgh, Pennsylvania 4 years Private Not-For-Profit

Other Private not-for-profit Colleges

#N/A

Toccoa Falls, Georgia 4 years Private Not-For-Profit

Strategy, Innovation, Positivity, Collaboration, and Transformation are the key SCAD values that the university promises to provide. The SCAD Bee is the official Mascot of the university.

  • The total population of the college is 12,364 out of which 10,108 are full-timers and 2,2

Savannah, Georgia 4 years Private Not-For-Profit

#N/A

New York, New York 4 years Private Not-For-Profit