Students can avail of scholarships provided by the college, such as Academic Department Scholarship, Alumni Legacy Scholarship, Art and Design Scholarship, and Art and Helen Nickless Scholarship, if they find educational expenses to be on the higher side. It is interesting to note that almost every student at AC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $6,041,428. At AC, the total percentage of applicants who receive the Federal Grant stands at 39%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 38% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,640, while the same comes to $2,364 for State Grant receivers and $25,582 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,290. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At AC, an estimated number of 94% of the applicants choose to go for student loans.