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 Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Grant or Scholarship	2,227	92%	$9,945,163	$4,466
Pell Grants	778	32%	$2,953,951	$3,797
Federal Student Loan	696	29%	$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 Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Any Financial Aid	245	98%	-	-
Grants or Scholarships	233	93%	$1,658,205	$7,117
Federal Grants	186	74%	$1,057,228	$5,684
Pell Grants	127	51%	$586,116	$4,615
Other Federal Grants	186	74%	$471,112	$2,533
State/Local Grants	109	44%	$328,335	$3,012
Institutional Grants	133	53%	$272,642	$2,050
Student Loan Aid	109	44%	$579,527	$5,317
Federal Student Loans	108	43%	$487,865	$4,517
Other Student Loans	10	4%	$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 Level	Number of Students	Number of Students Awarded	Total Amount Aid Awarded	Average Amount Aid Awarded
All level	111	99	$607,002	$5,468
0-30,000	99	89	$563,716	$5,694
30,001-48,000	4	4	$26,394	$6,599
48,001-75,000	3	2	$6,658	$2,219
75,001-110,000	2	2	$6,088	$3,044
110,001 or more	3	2	$4,146	$1,382

Financial Aid at Allegany College of Maryland

All Undergraduate Financial Aid

Beginning Undergraduate Students (Freshmen) Financial Aid

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

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