For the academic year 2022-2023, total 245 full-time, first-time students (98% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 2,227 students (92% of all students) received grants or scholarships and the average grant amount is $4,466. In addition, 696 students received student loans and the average loan amount is $5,583.
Below tables show the number and amount by source of financial aid at Allegany College of Maryland.
For all undergraduate students, total 2,227 students (92% of all students) received grants or scholarships and the average grant amount is $4,466. In addition, 696 students received student loans and the average loan amount is $5,583.
Below tables show the number and amount by source of financial aid at Allegany College of Maryland.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 2,227 | 92% | $4,466 |
| Pell Grants | 778 | 32% | $3,797 |
| Federal Student Loans | 696 | 29% | $5,583 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 245 | 98% | - |
| Grants or Scholarship from All Sources | 233 | 93% | $7,117 |
| Federal Grants | 186 | 74% | $5,684 |
| Pell Grants | 127 | 51% | $4,615 |
| Other Federal Grants | 186 | 74% | $2,533 |
| State/Local Grants | 109 | 44% | $3,012 |
| Institutional Grants | 133 | 53% | $2,050 |
| Student Loans | 109 | 44% | $5,317 |
| Federal Student Loans | 108 | 43% | $4,517 |
| Other Student Loans | 10 | 4% | $9,166 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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