$4,038

Avg. Federal Grant

$6,121

Avg. Federal Loan

$5,245,933

Total Aid Awarded

Ancilla College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

89%

Total Aid Amount Average Total Aid Awarded per year.

$5.246M

Financial Aid Official Website

https://www.ancilla.edu/enrollment-aid/tuition-aid/

Notably, 96% of the students at Ancilla College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $863,008. More information regarding the financial assistance schemes can be accessed on AC’s official financial aid page at https://www.ancilla.edu/enrollment-aid/tuition-aid/. The total percentage of candidates applying to Ancilla College who receive the Federal Grant is 62%. In comparison, 88% of the students are awarded the Student Grant, 88% get the Institution Grant, and 62% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $2,613, and the same stands at $2,757 for State Grant awardees and $2,150 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $2,302. 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. Students whose family income per annum is less than $30,000 will receive a federal aid of $9,442 on average in a year. The average aid amount stands at $10,840 for an annual family income between $30,001 and $48,000. This amount comes to $10,294 for those who fall under the $48,001-$75,000 family income bracket. Those with an annual income level of $75,001-$110,000 would receive $9,183, while candidates with more than $110,000 of family income receive an average federal aid of $11,586. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 59% of the applicants to Ancilla College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

58%

State Grant Aid

72%

Institution Grant Aid

92%

Pell Grant

58%

Average Aid Awarded

Federal Grant Aid

$4,038

State Grant Aid

$5,389

Institution Grant Aid

$4,474

Pell Grant

$4,035

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$10,237

$30,001 - $48,000

$11,869

$48,001 - $75,000

$9,933

$75,001 - $110,000

$10,603

Over $110,000

$19,282

Student Loans for Ancilla College

Average Loan Amount Average Loan Amount received per year.

$6,610/Year

Students Taking Out Loans

93%

Loan Default Rate

17.7%

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