Financial Aid at Allegany College of Maryland

Average Amount Received% Received Financial Aid
$4,044 86%
2,208 students (86% of total 2,578 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 $4,044. For the first-time, full-time beginning students (freshmen), 94% of total 343 enrolled students have received any kind of financial aid and its average amount of aid received is $5,811.
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All Undergraduate Financial Aid

At Allegany College of Maryland, 2,208 undergraduate students (86% of total 2,578 students) have received financial aid including grants, scholarships, and/or federal student loans.The average amount of aid received is $4,044.
Financial Aid Statistics (All Undergraduate Students)
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship2,20886% $8,929,720$4,044
Pell Grants78130% $3,245,967$4,156
Federal Student Loan76830% $4,652,408$6,058

Beginning Undergraduate Students (Freshmen) Financial Aid

323 beginning undergraduate students (94% of total 343 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 $5,811.
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 Aid32394% --
Grants or Scholarships30489%$1,766,541$5,811
Federal Grants17250%$857,202$4,984
Pell Grants16949%$798,035$4,722
Other Federal Grants3711%$59,167$1,599
State/Local Grants14041%$354,761$2,534
Institutional Grants21262%$554,578$2,616
Student Loan Aid13941%$793,373$5,708
Federal Student Loans13439%$646,779$4,827
Other Student Loans123%$146,594$12,216

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 2022-2023 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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