Allan Hancock College Financial Aid and Scholarships 2021

As many as 85% of the students at AHC get some sort of financial aid, and the total amount of assistance/loans provided is more than $785,633 in a year. More information regarding the financial assistance schemes can be accessed on AHC’s official financial aid page at http://www.hancockcollege.edu/financial_aid/index.php. Notably, a total of 49% of the applicants to Allan Hancock College receive the Federal Grant every year. On the other hand, 83% of the candidates get the Student Grant, while 49% receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,756, and the same stands at $1,945 for State Grant awardees and $502 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,856. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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.