by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
Curious about the financial aid opportunities at College of the Albemarle and what you may be eligible for? Explore the answers here.
College of the Albemarle average financial aid offer for freshmen students is $6,546.00. A significant 64% of freshmen benefit from financial aid, with the main type being grants and scholarships.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from College of the Albemarle you may end up taking on.
As well as scholarships, 51% of freshmen (60 total) received a federal grant, for about $5,851.00 a person.
The following scholarships and grants are composed of primarily federal grants, and some local and state grants.
51% of freshmen at College of the Albemarle (60 total) received a federal grant, averaging $5,851.00.
Amount of Financial Assistance Per Income Level
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 28.21% | $8,323.00 |
| Income 30k-48k | 6.84% | $6,483.00 |
| Income 48k-75k | 8.55% | $6,454.00 |
| Income 75k-110k | 0.00% | $0.00 |
| Income 110k + | 0.00% | $0.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
Of the 117 undergraduate students at College of the Albemarle around 64% (71 total) receive some form of grant aid. The typical amount awarded was $6,546.00.The largest share of which are in the guise of 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.