Allegany College of Maryland campus
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Allegany College of Maryland

Average Grant & Scholarships

In 2022, 98 of freshman students at Allegany College of Maryland received on average $5,874 in grant and scholarships from the college, the state and/or the federal government. Below is detail stats of the aid provided to full-time, freshman students.

$5,874
Students Receiving Aid Average Amount Total Amount
Pell Grant 177 58% $4,547 $804,896
Other Federal Grant 278 91% $3,669 $1,020,111
State Grant/Scholarships 142 46% $2,810 $399,049
Institutional Grant/Scholarships 160 52% $2,107 $337,078
Total Grant & Scholarships 299 98% $5,874 $1,756,238

Average Student Loans

In 2022, 40% of freshman students at Allegany College of Maryland received $4,819 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.

$4,819
Students Receiving Loan Average Amount Total Amount
Federal Student Loans 121 40% $4,819 $583,121
Private Loans 7 2% $8,716 $61,010
Total Loans 124 41% $5,195 $644,131

Financial Aid By Income Level

Financial aid breakdown by students family income level. The data is organized by income level group starting from families making below $30k to above $110k.

Post-9/11 GI Bill

Post 9/11 GI Bill is a federal education benefit program for veterans, who served on active duty after September 10, 2001. This Department of Veteran Affairs benefit provides up to 36 months of education benefits at an approved institution for the following college costs: tuition and fees, books and supplies and housing. The tuition and fees payment, which is the cost for an in-state student attending a public institution, is made directly to the post-secondary institution whereas payments for books and supplies and housing are sent directly to the student.

$3,206
Average aid amount
2022