Central Alabama Community College Financial Aid and Scholarships
Students Receiving Aid
73%
Total Aid Amount
$5.453M
Financial Aid Official Website
https://www.cacc.edu/financial-aid/
Students can avail of scholarships provided by the college, such as Transfer Student Scholarship, if they find educational expenses to be on the higher side. Notably, 92% of the students at Central Alabama Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,327,591. One can visit CACC's financial aid page at https://www.cacc.edu/financial-aid/ for more information. At CACC, the total percentage of applicants who receive the Federal Grant stands at 64%. Meanwhile, 76% of the applicants receive the Student Grant and 19% are awarded the Institution Grant, while 63% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,213, the State Grant receivers and Institution Grant beneficiaries get $1,689 and $4,858, respectively. And, for the Pell Grant awardees, the average aid amount is $4,130. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Every year, around 16% of the applicants to Central Alabama Community College opt for student loans.
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