Financial Aid at Allegany College of Maryland

[Last update: December 11, 2025]

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.

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All Undergraduate Financial Aid

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.

Financial Aid Statistics (All Undergraduate Students) - Allegany College of Maryland
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship2,33388% $10,393,467$4,455
Pell Grants85332% $4,059,947$4,760
Federal Student Loan79530% $4,888,604$6,149

Beginning Undergraduate Students (Freshmen) Financial Aid

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.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - Allegany College of Maryland
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid27195% --
Grants or Scholarships26191%$1,842,885$7,061
Federal Grants17461%$1,075,193$6,179
Pell Grants17160%$1,008,813$5,899
Other Federal Grants3312%$66,380$2,012
State/Local Grants11540%$314,930$2,739
Institutional Grants17360%$452,762$2,617
Student Loan Aid10838%$618,239$5,724
Federal Student Loans10637%$566,557$5,345
Other Student Loans62%$51,682$8,614

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

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.

Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level137128$818,550$5,975
0-30,0006565$438,783$6,751
30,001-48,0003029$231,527$7,718
48,001-75,0002121$100,330$4,778
75,001-110,000129$37,112$3,093
110,001 or more94$10,798$1,200

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