$4,962

Avg. Federal Grant

$2,946

Avg. Federal Loan

$5,733,730

Total Aid Awarded

Alvin Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

23%

Total Aid Amount Average Total Aid Awarded per year.

$5.734M

Financial Aid Official Website

www.alvincollege.edu/Financial-Aid

Such schemes include Abe and Annie Seibel Foundation Loan, Children of U.S. Military who are Missing in Action or Prisoners of War (MIA/POWs) Exemption, Dr. Joseph Graham Fellowship for College Pro-Life Leaders, and Faye and Rendell Webb Scholarship. Notably, 55% of the students at Alvin Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $798,606. At ACC, the total percentage of applicants who receive the Federal Grant stands at 35%. Meanwhile, 55% of the applicants receive the Student Grant and 24% are awarded the Institution Grant, while 35% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,758, while the same comes to $1,307 for State Grant receivers and $1,382 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,790. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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 ACC, an estimated number of 9% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

35%

State Grant Aid

8%

Institution Grant Aid

8%

Pell Grant

35%

Average Aid Awarded

Federal Grant Aid

$4,962

State Grant Aid

$1,829

Institution Grant Aid

$1,551

Pell Grant

$4,795

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,568

$30,001 - $48,000

$5,882

$48,001 - $75,000

$5,054

$75,001 - $110,000

$5,045

Over $110,000

$4,219

Student Loans for Alvin Community College

Average Loan Amount Average Loan Amount received per year.

$3,298/Year

Students Taking Out Loans

11%

Loan Default Rate

7.5%

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