$4,871

Avg. Federal Grant

$8,081

Avg. Federal Loan

$7,414,975

Total Aid Awarded

College of Alameda Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

54%

Total Aid Amount Average Total Aid Awarded per year.

$7.415M

Financial Aid Official Website

alameda.peralta.edu/financial-aid/

Notably, 68% of the students at College of Alameda get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $190,899. One can visit CA's financial aid page at http://alameda.peralta.edu/financial-aid/ for more information. Notably, a total of 50% of the applicants to College of Alameda receive the Federal Grant every year. In comparison, 68% of the students get the Student Grant, and 50% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,153. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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. At CA, an estimated number of 1% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

54%

State Grant Aid

77%

Institution Grant Aid

N/A

Pell Grant

54%

Average Aid Awarded

Federal Grant Aid

$4,871

State Grant Aid

$1,821

Institution Grant Aid

N/A

Pell Grant

$4,624

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,494

$30,001 - $48,000

$5,795

$48,001 - $75,000

$4,131

$75,001 - $110,000

$1,748

Over $110,000

N/A

Student Loans for College of Alameda

Average Loan Amount Average Loan Amount received per year.

$8,081/Year

Students Taking Out Loans

2%

Loan Default Rate

7.4%

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