$4,984

Avg. Federal Grant

$7,655

Avg. Federal Loan

$2,693,405

Total Aid Awarded

Allen School Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

91%

Total Aid Amount Average Total Aid Awarded per year.

$2.693M

Financial Aid Official Website

www.allenschool.edu

It is interesting to note that, every year, around 98% of students at ASJ receive some kind of financial aid, while the total amount of assistance/loans provided is $2,836,837. At ASJ, the total percentage of applicants who receive the Federal Grant stands at 93%. In comparison, 93% of the students get the Student Grant, and 93% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,967. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 88% of the applicants to Allen School-Jamaica opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

92%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

92%

Average Aid Awarded

Federal Grant Aid

$4,984

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$4,984

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,194

$30,001 - $48,000

$3,249

$48,001 - $75,000

$927

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Allen School

Average Loan Amount Average Loan Amount received per year.

$7,655/Year

Students Taking Out Loans

90%

Loan Default Rate

N/A

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