$5,806

Avg. Federal Grant

$6,478

Avg. Federal Loan

$2,170,040

Total Aid Awarded

AmeriTech College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

67%

Total Aid Amount Average Total Aid Awarded per year.

$2.170M

Financial Aid Official Website

N/A

Notably, 94% of the students at AmeriTech College-Draper get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,824,502. At ACD, the total percentage of applicants who receive the Federal Grant stands at 47%. Meanwhile, 64% of the applicants receive the Student Grant and 39% are awarded the Institution Grant, while 47% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $1,889. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. 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. Candidates are also required to repay these loans within a given period. At ACD, an estimated number of 89% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

50%

State Grant Aid

18%

Institution Grant Aid

9%

Pell Grant

50%

Average Aid Awarded

Federal Grant Aid

$5,806

State Grant Aid

$8,106

Institution Grant Aid

$2,000

Pell Grant

$5,806

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,870

$30,001 - $48,000

$5,527

$48,001 - $75,000

$6,780

$75,001 - $110,000

$2,357

Over $110,000

N/A

Student Loans for AmeriTech College

Average Loan Amount Average Loan Amount received per year.

$9,165/Year

Students Taking Out Loans

50%

Loan Default Rate

N/A

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