by our College Data Analytics TeamA large number of students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Allegheny College can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financing options does Allegheny offer, and what will you qualify for? Keep scrolling for more information. Keep going to learn how much school funding will be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Allegheny College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For freshmen starting at Allegheny College, 100% of first-year full-time students received aid of some kind approximately 282 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $44,987 |
| Institutional grants & scholarships | 100% | $39,843 |
| Federal Pell grants | 41% | $5,519 |
| State/local grants | 35% | $4,957 |
| Federal student loans | 62% | $5,550 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, around 98% of undergrads got grants or scholarships worth on average $45,087 (across roughly 1204 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $45,087 |
| Federal Pell grants | 28% | $5,514 |
| Federal student loans | 56% | $6,645 |
Title-IV recipients living on campus saw average grant aid of $48,408.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $13,294 |
| $30,001 – $75,000 | $15,135 |
| Over $75,000 | $26,709 |
Remember these are net prices — what families pay after gift aid, not before.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $22,940 |
| Off-campus title-IV students | $21,900 |
For an estimate tailored to your family circumstances, see Allegheny’s online cost calculator: allegheny.edu/npc.
Graduating students at Allegheny carry a median federal student debt of $25,017 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $25,017 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Allegheny.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,693 |
| 75th percentile | $31,500 |
| 90th percentile (highest-debt students) | $36,500 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $25,000 |
| Middle income | $25,239 |
| High income | $25,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $24,684 |
| Continuing-generation students | $25,889 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $25,353 |
| Independent students | $17,124 |
These indicators are derived from the underlying debt data and summarize the overall picture at Allegheny.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Allegheny:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6777 |
| Total Stafford loan amount | $115,321,758 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 14 |
| Total GI Bill amount | $352,561 |
| Average GI Bill amount per recipient | $25,183 |
References
More about our data sources and methodologies.