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Allen County Community College Financial Aid & Debt Outcomes

96% Freshmen Get Financial Aid
$3,096 Average Grant & Scholarship
67% Undergrads Get Grant Aid

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.

Understanding Allen Community College Financial Aid Information

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.

Financial Aid for First-Year Students at 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 ReceivingAverage Amount
Grant or scholarship aid (all sources)83%$4,646
Institutional grants & scholarships71%$2,765
Federal Pell grants35%$5,147
State/local grants1%$3,563
Federal student loans20%$4,442

Scholarships and Grants at Allen County Community College

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 ReceivingAverage Amount
Grant or scholarship aid (all sources)67%$3,096
Federal Pell grants15%$4,525
Federal student loans8%$4,393

For students living on campus and receiving title-IV aid, grants averaged $5,382.

Income-Adjusted Net Price at Allen County Community College

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage 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 at Allen County Community College

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.

CohortAverage 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.

Median Student Debt for Graduates of Allen County Community College

The median student at Allen Community College graduates with $5,021 of cumulative federal debt.

MetricAmount
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.

The Range of Student Debt at this School

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.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,000
25th percentile$1,956
75th percentile$8,000
90th percentile (highest-debt students)$12,000

Debt by Student Cohort at Allen County Community College

Median debt varies by family income, by first-generation status, and by dependency status.

Debt by Income Tier

Income tierMedian federal debt
Low income$4,500
Middle income$4,500
High income$5,500

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$5,071
Continuing-generation students$4,690

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$4,500
Independent students$5,500

Summary Debt Indicators

The figure below distills the debt data into a single burden category for Allen Community College.

Federal Student Loans at Allen County Community College

Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at Allen Community College:

MetricValue
Stafford loan recipients6097
Total Stafford loan amount$42,205,127

Military and Veterans Aid at Allen County Community College

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients8
Total GI Bill amount$11,651
Average GI Bill amount per recipient$1,456

Active-duty Tuition Assistance recipients

MetricValue
DoD Tuition Assistance recipients6
Total DoD amount$5,955
Average DoD amount per recipient$993

More Financial Aid Resources from Allen County Community College

References

More about our data sources and methodologies.

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