$4,634

Avg. Federal Grant

$5,885

Avg. Federal Loan

$20,370,667

Total Aid Awarded

Anna Maria College (AMC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

100%

Total Aid Amount Average Total Aid Awarded per year.

$20.371M

Financial Aid Official Website

www.annamaria.edu/financial-aid

Anna Maria College offers an extensive guide for the financial issue and the financial choices so that every student has the chance to prevail at college.

The College aims to provide financial aid to every deserving and qualified student. Nearly 90% of full-time undergraduate students at Anna Maria College receive financial aid. Students' letters of acceptance will include notification of a merit-based scholarship determined by an academic index that is calculated using grade point average, class rank, and standardized test scores when provided.

An amount of $20.3 million is awarded as total aid by Anna Maria College.

The average Federal Grant award is $4,634, which is received by around half of the students.

The average Pell Grant award is $4,508, which is received by approximately 30% of the students.

The State Grant average aid is $1,797, which is received by 33% of the students.

Apart from this aid the college also provides several institutional scholarships to help the students facing a financial crisis:

  • Anna Maria College Merit-based Scholarships
  • Anna Maria College Heart Advantage Scholarship
  • Anna Maria College Need-Based grants
  • Endowed Scholarships

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

50%

State Grant Aid

33%

Institution Grant Aid

100%

Pell Grant

50%

Average Aid Awarded

Federal Grant Aid

$4,634

State Grant Aid

$1,797

Institution Grant Aid

$22,587

Pell Grant

$4,508

The table here provides the details of Anna Maria College financial aid which is provided by the college and is broadly divided into four categories namely Federal Grants, Pell Grants, State Grants and Institutional Grants. Among all the grants provides by the college, maximum percentage of contribution is by the Institutional Grant Aid which completely covers almost 100% of the student population in Anna Maria College and not only this the average amount of the grant is the highest among all the types of grants that are provide by the college which stands at $22,587.

After this the next grants that cover the most number of students are the Federal and the Pell grants that are provided by Anna Maria College. The percentage for each of these grants is 50% and the average grants amount allotted under Federal grant aid and the Pell grant aid are $4,634 and $4,508 respectively.

Lastly for the state grant aid the coverage is about 33% which is the lowest among all the mentioned grants and the average grant aid amounts to $1,797.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$29,024

$30,001 - $48,000

$28,909

$48,001 - $75,000

$25,513

$75,001 - $110,000

$24,101

Over $110,000

$20,434

A low-income family is likely to expect a higher amount of financial aid provided. For those students who fall under the category of low family income i.e., less than $30,000, the amount of financial aid provided is of $29,024. For income brackets of $30,001-$48,000 and $48,001-$75,000, the average financial aid provided is $28,909 and $25,513 respectively.

Students whose family income is in the bracket of $75,001-$110,000 and over $110,000 receive lesser aid amounts and sum up to $24,101 and $20,434 respectively, as they are capable of handling the educational expenditures. The federal aids help students of low-income backgrounds to complete their degree with much ease.

Student Loans for Anna Maria College (AMC)

Average Loan Amount Average Loan Amount received per year.

$10,474/Year

Students Taking Out Loans

92%

Loan Default Rate

7.3%

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