Financial Aid at C of the Albemarle
Financial Aid Amount Received
$5,982 (82.83% of tuition)
Percent of Financial Aid Received
38% of 2,314 students
881 undergraduate students (38% of all students) have received grants, scholarships, and/or federal student loans at College of the Albemarle. The percentage of students who received financial aid lower compared to Public, 2-4 Years Colleges in North Carolina.
Compared to similar schools in rankings such as South Piedmont Community College and Blue Ridge Community College, the percentage of students who received financial aid is lower (the average of the schools is 81.00%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $5,982 and the average loan amount is $0. The average financial aid amount is 82.83% of tuition & fees based on out-of-state rate (tuition & fees: $7,222).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 881 | 38% | $5,270,462 | $5,982 |
| Pell Grants | 477 | 20% | $3,861,953 | $8,096 |
| Federal Students Loans | 0 | 0% | $0 | $0 |
Undergraduate Student Financial Aid Comparison Chart
First-time (full-time) Undergraduate Students Financial Aid
For the full-time, first-time undergraduate students (freshmen, in most cases), 115 students have received one or more types of financial aid at College of the Albemarle.
The average amount of federal, state, local or institutional grant aid is $7,522 and the average amount of student loans awarded to full-time first-time undergraduate students is $7,500.
The following table shows the financial data by type of aid at College of the Albemarle.
First-time Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 115 | 68% | - | - |
| Grant or scholarship aid | 115 | 68% | $865,050 | $7,522 |
| Federal Grants | 78 | 46% | $626,262 | $8,029 |
| Pell Grants | 73 | 43% | $605,839 | $8,299 |
| Other Federal Grants | 52 | 31% | $20,423 | $393 |
| State/Local Grants | 80 | 48% | $143,996 | $1,800 |
| Institutional Grants | 46 | 27% | $94,792 | $2,061 |
| Student Loans | 1 | 1% | $7,500 | $7,500 |
| Federal Student Loans | 0 | 0% | $0 | $0 |
| Other Student Loans | 1 | 1% | $7,500 | $7,500 |
Financial Aid by Income Level
The following table summarizes the number of schools receiving financial aid and its average amount by income levels at College of the Albemarle.
| Income Level | # of Students | # of Students Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| All Income Level | - | - | $695,368 | $9,794 |
| 0 - $30,000 | 45 | 45 | $459,839 | $10,219 |
| $30,001 - $48,000 | 18 | 18 | $167,876 | $9,326 |
| $48,001 - $75,000 | 5 | 5 | $44,893 | $8,979 |
| $75,001 - $110,000 | 3 | 3 | $22,760 | $7,587 |
| $110,001 - more | 0 | 0 | $0 | $0 |
Paid Tuition Rates by Residency
At College of the Albemarle, for the first-time/full-time students, 155 students have paid in-state rate of tuition and 13 students have paid out-of-state tuition rate.
| # of Students | |
|---|---|
| In-District Rate | 0 |
| In-State Rate | 155 |
| Out-of-State Rate | 13 |
| Un-known | 0 |