A “Best Value” Liberal Arts College
Allegheny College is again included among the 100 “best values” in liberal arts colleges in the nation, according to Kiplinger’s, a private financial advising company. Evaluations are based on measures including admission rates, student-faculty ratio, on-time graduation rates, and financial factors such as tuition, room and board fees, and financial aid.
Through generous support from our alumni, Allegheny is able to provide over $32 million in Achievement-Based Scholarships and Need-Based Grant Assistance to supplement over $21 million in aid awarded to students from federal, state, and private sources. Consequently, Allegheny’s financial assistance allows many students the opportunity to make a college choice based on value and fit, rather than financial constraints.
From September through December (before families can complete the FAFSA), high school seniors can estimate their scholarship and financial aid eligibility by completing Allegheny’s Early Estimator. After January 1, applicants should complete the FAFSA so we can determine an official financial aid package once the student has been admitted.
Your Financial Aid Package
Students who have completed the FAFSA will receive a financial aid “package” in March. This document includes any financial aid a student is eligible for from a variety of institutional, federal, state, and private sources (e.g. grants, scholarships, loans, 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). Families should use this information when comparing aid at different schools as it provides a total picture of aid.
Criteria for Awarding Aid
Allegheny’s Trustee Scholarships are awarded without regard to financial need to students who have balanced academic excellence with other distinctive activities while in high school. Consideration for the Trustee Scholarship is automatic when students apply and are admitted to Allegheny. More Info
So Allegheny may calculate each applicant’s eligibility for need-Based aid, families must complete the FAFSA between January 1 and February 15 during their son’s or daughter’s senior year of high school. The Expected Family Contribution (EFC) calculated by the federal EFC formula is the index used to determine federal, state and institutional aid eligibility. More Info
Allegheny competes in Division III of the National Collegiate Athletic Association (NCAA) and honors the Division III limitations. Academic and need-based financial aid are awarded without regard to students’ athletic abilities or sport participation.
Tuition & Fees
Direct costs for the 2014-2015 academic year:
- $ 40,260 tuition
- $ 400 required fees
- $ 5,430 standard room
- $ 4,890 average meal plan
Indirect Costs (estimated budget amounts):
- $1,000 books
- $1,000 transportation
- $1,000 personal/miscellaneous expenses
For details on billing, meal plans, room rates and other student account information, please contact the Financial Services Office at 1-800-376-7075, or visit the Financial Services web site.
Cash Course Financial Education 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.