Financial Aid at Allegany College of Maryland

Average Amount Received% Received Financial Aid
$4,466 92%
2,227 students (92% of total 2,421 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 $4,466. For the first-time, full-time beginning students (freshmen), 98% of total 250 enrolled students have received any kind of financial aid and its average amount of aid received is $7,117.
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All Undergraduate Financial Aid

At Allegany College of Maryland, 2,227 undergraduate students (92% of total 2,421 students) have received financial aid including grants, scholarships, and/or federal student loans.The average amount of aid received is $4,466.
Financial Aid Statistics (All Undergraduate Students)
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship2,22792% $9,945,163$4,466
Pell Grants77832% $2,953,951$3,797
Federal Student Loan69629% $3,885,734$5,583

Beginning Undergraduate Students (Freshmen) Financial Aid

245 beginning undergraduate students (98% of total 250 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 $7,117.
Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students)
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid24598% --
Grants or Scholarships23393%$1,658,205$7,117
Federal Grants18674%$1,057,228$5,684
Pell Grants12751%$586,116$4,615
Other Federal Grants18674%$471,112$2,533
State/Local Grants10944%$328,335$3,012
Institutional Grants13353%$272,642$2,050
Student Loan Aid10944%$579,527$5,317
Federal Student Loans10843%$487,865$4,517
Other Student Loans104%$91,662$9,166

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The next table shows the number of students awarded and the average grants/scholarship aid amount by income level for the academic year 2021-2022 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.
Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level11199$607,002$5,468
0-30,0009989$563,716$5,694
30,001-48,00044$26,394$6,599
48,001-75,00032$6,658$2,219
75,001-110,00022$6,088$3,044
110,001 or more32$4,146$1,382
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