Arapahoe Community College Financial Aid and Scholarships
Students Receiving Aid
15%
Total Aid Amount
$11.721M
Financial Aid Official Website
www.arapahoe.edu/paying-college/financial-aid
Students can avail of scholarships provided by the college, such as Boettcher Foundation Scholarship, Colorado Ski Authority Annual Scholarship, Log Cabin Rustics Scholarship, and Western Undergraduate Exchange, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 53% of students at ACC receive some kind of financial aid, while the total amount of assistance/loans provided is $9,061,059. Notably, a total of 26% of the applicants to Arapahoe Community College receive the Federal Grant every year. In comparison, 38% of the students are awarded the Student Grant, 14% get the Institution Grant, and 26% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,316, the State Grant receivers and Institution Grant beneficiaries get $2,019 and $2,116, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,951. 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. Candidates are also required to repay these loans within a given period. At ACC, an estimated number of 28% of the applicants choose to go for student loans.
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