by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
Interested in understanding the financial aid resources available at American River and your eligibility? Find the answers you seek below.
$4,146.00 is the typical American River College’s first year financial aid package. A significant 90% of freshmen benefit from financial aid, with the main type being loans.
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at American River College.
As well as scholarships, 49% of freshmen (705 total) obtained a federal grant, for about $4,873.00 a piece.
These grants and scholarships are made up of mainly federal grants, plus some state and local awards.
49% of first years at American River College (705 total) were awarded a federal grant, averaging $4,873.00.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 30.37% | $7,395.00 |
| Income 30k-48k | 9.44% | $6,696.00 |
| Income 48k-75k | 8.33% | $4,437.00 |
| Income 75k-110k | 0.55% | $2,536.00 |
| Income 110k + | 0.14% | $1,035.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
1306 American River undergrads obtain grant aid (this is about 90% of the entire undergraduate student population). The average amount these students receive is $4,146.00.Most of them are distributed as Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.