$4,584

Avg. Federal Grant

$4,187

Avg. Federal Loan

$3,254,311

Total Aid Awarded

Allen County Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

39%

Total Aid Amount Average Total Aid Awarded per year.

$3.254M

Financial Aid Official Website

www.allencc.edu

It is interesting to note that, every year, around 86% of students at ACCC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,208,780. One can visit ACCC's financial aid page at http://www.allencc.edu for more information. The total percentage of candidates applying to Allen County Community College who receive the Federal Grant is 40%. Meanwhile, 83% of the applicants receive the Student Grant and 72% are awarded the Institution Grant, while 40% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,019. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At ACCC, an estimated number of 29% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

41%

State Grant Aid

N/A

Institution Grant Aid

65%

Pell Grant

41%

Average Aid Awarded

Federal Grant Aid

$4,584

State Grant Aid

$1,850

Institution Grant Aid

$1,962

Pell Grant

$4,458

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,195

$30,001 - $48,000

$6,143

$48,001 - $75,000

$3,852

$75,001 - $110,000

$1,740

Over $110,000

$1,651

Student Loans for Allen County Community College

Average Loan Amount Average Loan Amount received per year.

$4,274/Year

Students Taking Out Loans

28%

Loan Default Rate

13.8%

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