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What is the average loan amount at Allegany College of Maryland?

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For the academic year 2022-2023, total 109 full-time, first-time students (44% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 696 students (29% of all students) have received federal student loans and the average loan amount is $5,583 at Allegany College of Maryland.

Below tables show the number and amount by source of financial aid at Allegany College of Maryland.
All Undergraduate Student Financial Aid at Allegany College of Maryland
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid2,22792%$4,466
Pell Grants77832%$3,797
Federal Student Loans69629%$5,583
Beginning Students (Freshmen) Financial Aid at Allegany College of Maryland
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid24598%-
Grants or Scholarship from All Sources23393%$7,117
Federal Grants18674%$5,684
Pell Grants12751%$4,615
Other Federal Grants18674%$2,533
State/Local Grants10944%$3,012
Institutional Grants13353%$2,050
Student Loans10944%$5,317
Federal Student Loans10843%$4,517
Other Student Loans104%$9,166
see more grants, scholarship, student loans, and other financial aid stats

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