$4,157

Avg. Federal Grant

$8,035

Avg. Federal Loan

$5,284,043

Total Aid Awarded

American Career College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

68%

Total Aid Amount Average Total Aid Awarded per year.

$5.284M

Financial Aid Official Website

americancareercollege.edu/getting-started/financial-aid.html

Such schemes include AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B. As many as 82% of the students at ACCA get some sort of financial aid, and the total amount of assistance/loans provided is more than $8,053,809 in a year. The total percentage of candidates applying to American Career College-Anaheim who receive the Federal Grant is 66%. On the other hand, 70% of the candidates get the Student Grant, 5% receive the Institution Grant, and 65% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,560, while the same comes to $2,624 for State Grant receivers and $4,026 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,173. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 62% of the applicants to American Career College-Anaheim opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

64%

State Grant Aid

9%

Institution Grant Aid

13%

Pell Grant

64%

Average Aid Awarded

Federal Grant Aid

$4,157

State Grant Aid

$3,095

Institution Grant Aid

$2,543

Pell Grant

$4,081

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,527

$30,001 - $48,000

$4,178

$48,001 - $75,000

$2,828

$75,001 - $110,000

$606

Over $110,000

$3,410

Student Loans for American Career College

Average Loan Amount Average Loan Amount received per year.

$9,108/Year

Students Taking Out Loans

57%

Loan Default Rate

N/A

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