by our College Data Analytics TeamMany students are not billed 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 Alpena Community College can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financing options does Alpena Community College offer you, and what will you qualify for? Keep scrolling for more information. Read on to discover how much school funding could be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Alpena Community College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Alpena Community College, 86% of first-time, full-time freshmen received some form of financial aid approximately 173 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 78% | $8,108 |
| Institutional grants & scholarships | 24% | $1,922 |
| Federal Pell grants | 46% | $5,791 |
| State/local grants | 60% | $5,152 |
| Federal student loans | 16% | $5,122 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Alpena Community College, approximately 37% of undergraduates were awarded grant or scholarship aid averaging $7,149 (among about 569 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 37% | $7,149 |
| Federal Pell grants | 22% | $5,334 |
| Federal student loans | 10% | $5,443 |
For on-campus title-IV students, average grant aid came to $8,926.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $1,409 |
| $30,001 – $75,000 | $3,735 |
| Over $75,000 | $8,889 |
Remember these are net prices — what families pay after gift aid, not before.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $3,320 |
| Off-campus title-IV students | $4,067 |
To project your own net price, use Alpena Community College’s net price calculator: www.alpenacc.edu/services/financialaid/npcalc.
The middle student in the debt distribution at Alpena Community College owes $5,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $9,024 |
| Typical 10-year monthly payment (graduates) | $95.67/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Alpena Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,522 |
| 25th percentile | $2,751 |
| 75th percentile | $11,000 |
| 90th percentile (highest-debt students) | $17,135 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
| Middle income | $5,942 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $6,897 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $7,863 |
These indicators are derived from the underlying debt data and summarize the overall picture at Alpena Community College.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Alpena Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4011 |
| Total Stafford loan amount | $34,318,092 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 22 |
| Total GI Bill amount | $142,118 |
| Average GI Bill amount per recipient | $6,460 |
References
More about our data sources and methodologies.