In addition to merit-based scholarships awarded to selected applicants, Allegheny College provides financial assistance to students on the basis of financial need as demonstrated through the filing of the FAFSA. In 2010-2011, Allegheny provided more than $32 million in institutional grant and scholarship assistance. Students must reapply for need-based financial aid each year by completing the FAFSA renewal, available at http://www.fafsa.ed.gov.
A financial aid “package” may consist of need-based and non-need-based financial aid from a variety of institutional, federal, state, and private sources. Typical types of aid include grants, scholarships, loans, and employment options. Together with resources available from the family, the total amount of financial aid options may meet the annual cost of attendance (includes tuition, fees, room, board, and allowances for books, transportation, and personal expenses).
Allegheny College is required by federal regulations to validate the accuracy of the financial information of students identified by the U.S. Department of Education for verification. Allegheny also selects students for verification. Students who have been selected for verification, either by the U.S. Department of Education or by Allegheny College, will be notified of all required documents and due dates.
Financial aid eligibility will not be finalized until all requested verification documentation, including signed federal tax returns and a completed verification form are received. Financial aid awards are subject to change based on the accuracy of information submitted on the FAFSA. For more detail regarding verification documents, please visit Reapplying for Financial Assistance.
Cost of Education
Direct costs for the 2012-2013 academic year:
- $ 37,260 tuition
- $ 350 required fees
- $ 5,020 standard room
- $ 4,520 average meal plan
Indirect Costs (estimated budget amounts):
- $1,000 books
- $1,000 transportation
- $1,000 personal/miscellaneous expenses
Cash Course Money Management Program
Allegheny College, with help from the National Endowment for Financial Education, is taking a proactive approach to financial education. The Cash Course web site provides unbiased and noncommercial financial resources for students and alumni who want to develop smart money management skills. Topics include: protecting your credit, preventing identity theft, sources of financial aid and understanding insurance and taxes. Please feel free to browse through the Cash Course pages at your convenience.