$7,157

Avg. Federal Grant

$8,227

Avg. Federal Loan

$141,573

Total Aid Awarded

Advanced College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

34%

Total Aid Amount Average Total Aid Awarded per year.

$141.573K

Financial Aid Official Website

N/A

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 $648,721. Notably, a total of 97% of the applicants to Advanced College receive the Federal Grant every year. On the other hand, 97% of the candidates get the Student Grant, while 97% receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,506. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 80% of the applicants to Advanced College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

75%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

75%

Average Aid Awarded

Federal Grant Aid

$7,157

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$6,907

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$2,960

$30,001 - $48,000

$5,920

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Advanced College

Average Loan Amount Average Loan Amount received per year.

$8,227/Year

Students Taking Out Loans

100%

Loan Default Rate

N/A

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