by our College Data Analytics TeamMany students will not be asked to pay 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 price tag of going to American College of Healthcare and Technology can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financial assistance solutions will ACHT deliver, and just what are you going to be eligible for? Read on for answers. Keep scrolling to see what amount of financial assistance could be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from American College of Healthcare and Technology.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at American College of Healthcare and Technology, 97% of the incoming full-time class was awarded financial aid approximately 128 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $7,182 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 87% | $6,581 |
| State/local grants | 12% | $4,397 |
| Federal student loans | 89% | $8,109 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At ACHT, approximately 90% of undergraduates were awarded an average grant or scholarship of $6,988 (for some 220 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $6,988 |
| Federal Pell grants | 89% | $6,517 |
| Federal student loans | 89% | $7,956 |
For on-campus title-IV students, average grant aid came to $6,378.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,398 |
| $30,001 – $75,000 | $13,384 |
| Over $75,000 | $17,292 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $17,589 |
| Off-campus title-IV students | $16,396 |
For an estimate tailored to your family circumstances, see ACHT’s net price calculator: www.ach.edu/getting-started/financial-aid/net-price-calculator/.
The median federal debt load at ACHT comes to $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 |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at ACHT.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $9,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $19,830 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at ACHT.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at ACHT:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4164 |
| Total Stafford loan amount | $41,322,034 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $28,153 |
| Average GI Bill amount per recipient | $9,384 |
References
More about our data sources and methodologies.