$5,847

Avg. Federal Grant

$7,833

Avg. Federal Loan

$256,687

Total Aid Awarded

Academy College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

50%

Total Aid Amount Average Total Aid Awarded per year.

$256.687K

Financial Aid Official Website

academycollege.edu/financial-aid

Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $510,865. At AC, the total percentage of applicants who receive the Federal Grant stands at 67%. Meanwhile, 100% of the applicants receive the Student Grant, while 67% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,637. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Academy College, the percentage of candidates who opt to avail of student loans is around 67%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

67%

State Grant Aid

67%

Institution Grant Aid

N/A

Pell Grant

67%

Average Aid Awarded

Federal Grant Aid

$5,847

State Grant Aid

$5,079

Institution Grant Aid

N/A

Pell Grant

$4,597

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,472

$30,001 - $48,000

N/A

$48,001 - $75,000

$13,379

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Academy College

Average Loan Amount Average Loan Amount received per year.

$28,251/Year

Students Taking Out Loans

100%

Loan Default Rate

8%

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