2,333 students (88% of total 2,665 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Allegany College of Maryland. The average amount of the aid awarded is $4,455.
For the first-time, full-time beginning students (freshmen), 95% of total 286 enrolled students have received any kind of financial aid and its average amount of aid received is $7,061.
At Allegany College of Maryland, 2,333 undergraduate students (88% of total 2,665 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $4,455.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 2,333 | 88% | $10,393,467 | $4,455 |
| Pell Grants | 853 | 32% | $4,059,947 | $4,760 |
| Federal Student Loan | 795 | 30% | $4,888,604 | $6,149 |
271 beginning undergraduate students (95% of total 286 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Allegany College of Maryland. The average amount of aid received is $7,061.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 271 | 95% | - | - |
| Grants or Scholarships | 261 | 91% | $1,842,885 | $7,061 |
| Federal Grants | 174 | 61% | $1,075,193 | $6,179 |
| Pell Grants | 171 | 60% | $1,008,813 | $5,899 |
| Other Federal Grants | 33 | 12% | $66,380 | $2,012 |
| State/Local Grants | 115 | 40% | $314,930 | $2,739 |
| Institutional Grants | 173 | 60% | $452,762 | $2,617 |
| Student Loan Aid | 108 | 38% | $618,239 | $5,724 |
| Federal Student Loans | 106 | 37% | $566,557 | $5,345 |
| Other Student Loans | 6 | 2% | $51,682 | $8,614 |
The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2023-2024 at Allegany College of Maryland.
The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 137 | 128 | $818,550 | $5,975 |
| 0-30,000 | 65 | 65 | $438,783 | $6,751 |
| 30,001-48,000 | 30 | 29 | $231,527 | $7,718 |
| 48,001-75,000 | 21 | 21 | $100,330 | $4,778 |
| 75,001-110,000 | 12 | 9 | $37,112 | $3,093 |
| 110,001 or more | 9 | 4 | $10,798 | $1,200 |
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