OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Albright College Financial Aid and Scholarships 2022

A private, United Methodist university, Albright College is situated in Reading, PA. Albright College occupies a total area of about 118 acres. It was in 1856 when the Albright College was founded. The motto of the Albright College is Veritas et Justitia and its official colors are red and white. The total enrolment stands at 2,320 students at Albright College. Around 1,718 and 40 students take admission in various undergraduate and postgraduate courses of the university. The school has an ac

Albright College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

92%

Total Aid Amount Average Total Aid Awarded per year.

$50.974M

Financial Aid Official Website

www.albright.edu/admission/financialaid/index.html

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 $11,294,871. One can visit AC's financial aid page at http://www.albright.edu/admission/financialaid/index.html for more information. At AC, the total percentage of applicants who receive the Federal Grant stands at 57%. Meanwhile, 99% of the applicants receive the Student Grant and 99% are awarded the Institution Grant, while 57% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,434, while the same comes to $3,454 for State Grant receivers and $35,243 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,314. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Those with a family income below $30,000 per annum, would get an average federal aid of $34,586 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $36,522, while those falling in the $48,001-$75,000 income category get $33,527 a year. Those with an annual income level of $75,001-$110,000 would receive $29,177, while candidates with more than $110,000 of family income receive an average federal aid of $23,655. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At AC, an estimated number of 89% of the applicants choose to go for student loans.

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