Many students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Allen County Community College can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial aid solutions can Allen Community College provide, and just what are you going to be eligible for? Keep reading for answers. Scroll down to see what amount of financial assistance could be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Allen County Community College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Allen County Community College, 96% of first-time, full-time freshmen received some form of financial aid approximately 203 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $4,646 |
| Institutional grants & scholarships | 71% | $2,765 |
| Federal Pell grants | 35% | $5,147 |
| State/local grants | 1% | $3,563 |
| Federal student loans | 20% | $4,442 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, roughly 67% of the undergraduate population received grant aid that averaged $3,096 (across roughly 1215 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $3,096 |
| Federal Pell grants | 15% | $4,525 |
| Federal student loans | 8% | $4,393 |
For students living on campus and receiving title-IV aid, grants averaged $5,382.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $4,864 |
| $30,001 – $75,000 | $6,419 |
| Over $75,000 | $7,093 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,642 |
| Off-campus title-IV students | $5,899 |
For an estimate tailored to your family circumstances, see Allen Community College’s net price tool: web.allencc.edu/portal/NetPriceCalc/index.html.
The median student at Allen Community College graduates with $5,021 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,021 |
| Median federal debt (graduates only) | $6,954 |
| Typical 10-year monthly payment (graduates) | $73.72/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at Allen Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,000 |
| 25th percentile | $1,956 |
| 75th percentile | $8,000 |
| 90th percentile (highest-debt students) | $12,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $4,500 |
| Middle income | $4,500 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,071 |
| Continuing-generation students | $4,690 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,500 |
| Independent students | $5,500 |
The figure below distills the debt data into a single burden category for Allen Community College.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at Allen Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6097 |
| Total Stafford loan amount | $42,205,127 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 8 |
| Total GI Bill amount | $11,651 |
| Average GI Bill amount per recipient | $1,456 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 6 |
| Total DoD amount | $5,955 |
| Average DoD amount per recipient | $993 |
References
More about our data sources and methodologies.