Alamance Community College Financial Aid and Scholarships
Students Receiving Aid
45%
Total Aid Amount
$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%.
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