$4,706

Avg. Federal Grant

$4,561

Avg. Federal Loan

$3,953,653

Total Aid Awarded

Asnuntuck Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

57%

Total Aid Amount Average Total Aid Awarded per year.

$3.954M

Financial Aid Official Website

asnuntuck.edu/admissions/financial-aid/

It is interesting to note that, every year, around 72% of students at ACC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,576,064. For additional information about financial assistance schemes, one can head over to ACC’s financial aid page at http://asnuntuck.edu/admissions/financial-aid/. Notably, a total of 51% of the applicants to Asnuntuck Community College receive the Federal Grant every year. In comparison, 63% of the students are awarded the Student Grant, 16% get the Institution Grant, and 51% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,858, and the same stands at $2,580 for State Grant awardees and $1,658 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,069. 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. 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. At ACC, an estimated number of 23% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

59%

State Grant Aid

11%

Institution Grant Aid

20%

Pell Grant

59%

Average Aid Awarded

Federal Grant Aid

$4,706

State Grant Aid

$2,797

Institution Grant Aid

$1,386

Pell Grant

$4,629

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,539

$30,001 - $48,000

$4,512

$48,001 - $75,000

$3,740

$75,001 - $110,000

$2,472

Over $110,000

$626

Student Loans for Asnuntuck Community College

Average Loan Amount Average Loan Amount received per year.

$4,561/Year

Students Taking Out Loans

30%

Loan Default Rate

15.9%

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