$4,928

Avg. Federal Grant

N/A

Avg. Federal Loan

$7,075,318

Total Aid Awarded

Alamance Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

45%

Total Aid Amount Average Total Aid Awarded per year.

$7.075M

Financial Aid Official Website

N/A

Students can avail of scholarships provided by the college, such as North Carolina Student Incentive Grant and Triangle Scholarship Program, if they find educational expenses to be on the higher side. As many as 70% of the students at ACC receive some kind of financial aid, shows the latest data. At ACC, the total percentage of applicants who receive the Federal Grant stands at 56%. On the other hand, 68% of the candidates get the Student Grant, 10% receive the Institution Grant, and 56% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,069, and the same stands at $1,614 for State Grant awardees and $1,414 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,835. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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. At Alamance Community College, the percentage of candidates who opt to avail of student loans is around 1%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

56%

State Grant Aid

19%

Institution Grant Aid

12%

Pell Grant

56%

Average Aid Awarded

Federal Grant Aid

$4,928

State Grant Aid

$1,661

Institution Grant Aid

$1,242

Pell Grant

$4,901

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,848

$30,001 - $48,000

$5,018

$48,001 - $75,000

$4,788

$75,001 - $110,000

$4,972

Over $110,000

$4,805

Student Loans for Alamance Community College

Average Loan Amount Average Loan Amount received per year.

$2,683/Year

Students Taking Out Loans

1%

Loan Default Rate

N/A

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