$5,307

Avg. Federal Grant

$5,143

Avg. Federal Loan

$1,028,020

Total Aid Awarded

Alaska Christian College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

97%

Total Aid Amount Average Total Aid Awarded per year.

$1.028M

Financial Aid Official Website

https://alaskacc.edu/future-students/tuition-costs-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 $155,851. More information regarding the financial assistance schemes can be accessed on ACC’s official financial aid page at https://alaskacc.edu/future-students/tuition-costs-financial-aid/. The total percentage of candidates applying to Alaska Christian College who receive the Federal Grant is 96%. On the other hand, 100% of the candidates get the Student Grant, 96% receive the Institution Grant, and 96% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,455, the State Grant receivers and Institution Grant beneficiaries get $6,473 and $5,551, respectively. And, for the Pell Grant awardees, the average aid amount is $5,260. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $15,058 per year. 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. Candidates are also required to repay these loans within a given period. Every year, around 41% of the applicants to Alaska Christian College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

85%

State Grant Aid

88%

Institution Grant Aid

73%

Pell Grant

85%

Average Aid Awarded

Federal Grant Aid

$5,307

State Grant Aid

$5,983

Institution Grant Aid

$4,576

Pell Grant

$5,209

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$14,221

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Alaska Christian College

Average Loan Amount Average Loan Amount received per year.

$5,143/Year

Students Taking Out Loans

38%

Loan Default Rate

39%

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