by our College Data Analytics TeamA large number of students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at American Career College-Anaheim can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial aid solutions can American Career College - Anaheim deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to find out what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from American Career College-Anaheim.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at American Career College-Anaheim, 89% of first-time, full-time freshmen received some form of financial aid (about 258 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $5,709 |
| Institutional grants & scholarships | 12% | $2,722 |
| Federal Pell grants | 72% | $5,312 |
| State/local grants | 2% | $2,596 |
| Federal student loans | 78% | $8,485 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, approximately 64% of undergrads got grants or scholarships worth on average $5,969 (covering around 1615 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $5,969 |
| Federal Pell grants | 58% | $5,237 |
| Federal student loans | 62% | $8,425 |
On-campus students receiving title-IV aid were awarded grants averaging $4,533.
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 | $26,255 |
| $30,001 – $75,000 | $28,580 |
| Over $75,000 | $30,091 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $31,218 |
| Off-campus title-IV students | $29,517 |
For an estimate tailored to your family circumstances, see American Career College - Anaheim’s NPC: americancareercollege.aidcalc.cloud/.
The median student at American Career College - Anaheim graduates with $9,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at American Career College - Anaheim.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,583 |
| 25th percentile | $5,500 |
| 75th percentile | $10,267 |
| 90th percentile (highest-debt students) | $20,019 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $10,122 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $13,910 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,127 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at American Career College - Anaheim.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at American Career College - Anaheim:
| Metric | Value |
|---|---|
| Stafford loan recipients | 37216 |
| Total Stafford loan amount | $411,168,530 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 43 |
| Total GI Bill amount | $996,413 |
| Average GI Bill amount per recipient | $23,172 |
References
More about our data sources and methodologies.