All Undergraduate Financial Aid

At College of the Albemarle, 881 undergraduate students (38% of total 2,342 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $5,982.
Financial Aid Statistics (All Undergraduate Students) - C of the Albemarle
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship88138% $5,270,462$5,982
Pell Grants47720% $3,861,953$8,096
Federal Student Loan--% --

Beginning Undergraduate Students (Freshmen) Financial Aid

122 beginning undergraduate students (73% of total 168 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at College of the Albemarle. The average amount of aid received is $7,522.
Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - C of the Albemarle
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid12273% --
Grants or Scholarships11568%$865,050$7,522
Federal Grants7846%$626,262$8,029
Pell Grants7343%$605,839$8,299
Other Federal Grants5231%$20,423$393
State/Local Grants8048%$143,996$1,800
Institutional Grants4627%$94,792$2,061
Student Loan Aid11%$7,500$7,500
Federal Student Loans----
Other Student Loans11%$7,500$7,500

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 College of the Albemarle. 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 level7171$695,368$9,794
0-30,0004545$459,839$10,219
30,001-48,0001818$167,876$9,326
48,001-75,00055$44,893$8,979
75,001-110,00033$22,760$7,587
110,001 or more----
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