Ancilla College Financial Aid and Scholarships
Students Receiving Aid
89%
Total Aid Amount
$5.246M
Financial Aid Official Website
https://www.ancilla.edu/enrollment-aid/tuition-aid/
Notably, 96% of the students at Ancilla College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $863,008. More information regarding the financial assistance schemes can be accessed on AC’s official financial aid page at https://www.ancilla.edu/enrollment-aid/tuition-aid/. The total percentage of candidates applying to Ancilla College who receive the Federal Grant is 62%. In comparison, 88% of the students are awarded the Student Grant, 88% get the Institution Grant, and 62% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $2,613, and the same stands at $2,757 for State Grant awardees and $2,150 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $2,302. 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. Students whose family income per annum is less than $30,000 will receive a federal aid of $9,442 on average in a year. The average aid amount stands at $10,840 for an annual family income between $30,001 and $48,000. This amount comes to $10,294 for those who fall under the $48,001-$75,000 family income bracket. Those with an annual income level of $75,001-$110,000 would receive $9,183, while candidates with more than $110,000 of family income receive an average federal aid of $11,586. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 59% of the applicants to Ancilla College opt for student loans.
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