$5,618

Avg. Federal Grant

$7,629

Avg. Federal Loan

$2,668,042

Total Aid Awarded

Asher College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

45%

Total Aid Amount Average Total Aid Awarded per year.

$2.668M

Financial Aid Official Website

www.asher.edu/Career-College/Financial-Aid.html

As many as 53% of the students at AC get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,230,129 in a year. The total percentage of candidates applying to Asher College who receive the Federal Grant is 27%. In comparison, 37% of the students get the Student Grant, and 27% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,029. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund 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. Every year, around 23% of the applicants to Asher College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

42%

State Grant Aid

17%

Institution Grant Aid

25%

Pell Grant

42%

Average Aid Awarded

Federal Grant Aid

$5,618

State Grant Aid

$7,315

Institution Grant Aid

$2,302

Pell Grant

$5,218

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,940

$30,001 - $48,000

$17,633

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Asher College

Average Loan Amount Average Loan Amount received per year.

$7,629/Year

Students Taking Out Loans

33%

Loan Default Rate

7.3%

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