$4,797

Avg. Federal Grant

$4,624

Avg. Federal Loan

$13,789,903

Total Aid Awarded

Atlantic Cape Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

56%

Total Aid Amount Average Total Aid Awarded per year.

$13.790M

Financial Aid Official Website

atlantic.edu/finaid/index.htm

Notably, 73% of the students at Atlantic Cape Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,597,507. More information regarding the financial assistance schemes can be accessed on ACCC’s official financial aid page at http://atlantic.edu/finaid/index.htm. The total percentage of candidates applying to Atlantic Cape Community College who receive the Federal Grant is 59%. On the other hand, 67% of the candidates get the Student Grant, 9% receive the Institution Grant, and 59% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,727, while the same comes to $2,373 for State Grant receivers and $1,905 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $3,822. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund 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. At ACCC, an estimated number of 13% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

63%

State Grant Aid

37%

Institution Grant Aid

13%

Pell Grant

63%

Average Aid Awarded

Federal Grant Aid

$4,797

State Grant Aid

$2,224

Institution Grant Aid

$1,598

Pell Grant

$4,741

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,403

$30,001 - $48,000

$4,052

$48,001 - $75,000

$2,650

$75,001 - $110,000

$1,820

Over $110,000

$1,625

Student Loans for Atlantic Cape Community College

Average Loan Amount Average Loan Amount received per year.

$4,818/Year

Students Taking Out Loans

13%

Loan Default Rate

15.6%

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