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FINANCIAL
AID/SCHOLARSHIPS
Our Financial
Aid Office is prepared to assist each individual or family
in finding every possible resource to assist with the costs
of college. Most students at Allegany College of Maryland qualify
to receive some type of financial aid. It may take the form
of scholarships, grants, loans or work opportunities. Upon your
request, the Financial Aid
Office will send you your own information packet out lining
all the resources available to you with the costs of the college.
Further information may be obtained from the Financial
Aid Office.
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PAYMENT
PLAN
All
tuition and fees are due and payable by the first day of classes.
By prior arrangement, a student may defer tuition and fee charges.
The following is a list of key features included in our billing system.
VARIOUS
DUE DATES
In
recent years colleges have become more creative in course offerings
to address the needs of students. Many courses are now offered
outside of the traditional semester schedule. The system provides
for various courses which start on different dates throughout
the semester. Payment is due on the first day of the semester
for most courses; however, for those courses starting later in
the semester, payment will be due on the first day of classes.
The statements show various due dates.
DEFERRED
PAYMENTS
All
payments must be made by the due dates specified on the statements
to avoid finance charges. The student may choose to defer any
portion of his/her account balance throughout the semester; however,
a monthly finance charge will be assessed on the overdue portion
of the account balance. Final payment is due by the end of the
semester. Also, it is important to note that the account must
be paid in full to take advantage of early registration for subsequent
semesters.
MONTHLY
BILLING
The
College will send statements monthly to all students who have
account balances. The monthly statements will also include finance
charges which were added for overdue amounts for that billing
period.

Click
on this link
Allegany College of Maryland is pleased to offer FACTS e-Cashier
by FACTS Management Company. Through FACTS e-Cashier you will
be able to arrange for monthly payments of your account balance
or pay in full IMMEDIATELY . FACTS e-Cashier will allow you to
make payment(s) by automatic payments from your checking or savings
account or by credit card. The nonrefundable enrollment fee to
budget payment(s) through FACTS is $25.00 per Semester or $2.00
for Full Payment (PROCESSED IMMEDIATELY). The nonrefundable enrollment
fee for automatic payments from your bank account or credit card
will be processed within 14 days of your FACTS agreement being
posted to the FACTS system. Click the e-Cashier icon above to
access the FACTS website.
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SCHOLARSHIPS
In
addition, a comprehensive scholarship program has been developed by
the Allegany College of Maryland Foundation and the Bedford County
Regional Education Foundation to assist all segments of the College’s
student body. Not all scholarships are academic or merit-based awards.
The scholarship program includes merit-based awards, merit-based awards
with financial consideration, scholarships for specific curriculum
areas, and scholarships for students from specific geographical areas.
In addition to scholarships, the Foundation also provides tuition
assistance awards for full-time and part-time students.
For
online applications for Scholarships, please
view the Scholarships website.
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STUDENT
TUITION ASSISTANCE
Tuition
subsidies are currently being provided by the State of Pennsylvania.
After subsidies are received, they are applied to Pennsylvania students’
account to reduce tuition charges for courses taken at the Pennsylvania
Campuses. Tuition subsidies are not guaranteed each year, but the
College will continue to seek these funds.
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PHEAA
Pennsylvania
resident students are eligible for State Grant consideration if they
are enrolled full-time or part-time (at least 6 credit hours) in a
two-year transfer program or in an A. A. Degree program. Students
who are enrolled in one-year certificate programs of study are not
eligible for State grants. PA students attending the Cumberland Campus
are now eligible for State Grant funds in accordance with Agency regulations.
Students may visit PHEAA’s web page at: www.pheaa.org
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COURSE
LOAD STATUS
Full-time:Students
taking 12 or more credit hours (or noncredit equivalency) per semester
are full-time students.
Part-time:
Students taking 11 or more credit hours (or noncredit equivalency)
per semester are part-time students
Freshman:
A student admitted to a degree program having fewer than 28 semester
credits is a freshman.
Sophomore:
A student admitted to a degree program having 28 or more semester
credits is a sophomore.
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Cost
Effective Tuition Charge Per Credit Hour
Allegany
College of Maryland ~ Bedford
County Campus |
Bedford
County Campus cost per credit is currently $152.00 *Pennsylvania
State subsidy reduction applied. |
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Full-Time
Student ~ per Semester
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Full-Time
Student ~ Academic Year
(two semesters)
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| Tuition:
(15 credit-hour load) |
$2,250.00 |
Tuition:
(15 credit-hour load) |
$4,500.00 |
| Required
Fees: |
$85.75 |
Required
Fees: |
$171.50 |
| Course
Fees: (estimate) |
$75.00 |
Course
Fees: (estimate) |
$150.00 |
| Books:
(estimate) |
$300.00 |
Books:
(estimate) |
$600.00 |
| Total
Cost: |
$2,710.75 |
Total
Cost: |
$5,421.50 |
**The
Allegany College of Maryland Board of Trustees reserves the
right to adjust this tuition and fee schedule without prior
notification when it is deemed necessary. |
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