Albright College offers an aggressive financial aid policy that makes it a leader among similar private colleges in the region. This commitment empowers families to choose Albright based on its exceptional academic and extracurricular opportunities. We believe in the immense value of an Albright College education, and we want to help as many students as possible experience it. We offer a wide range of financial aid options including scholarships, awards, grants, and campus employment. You can apply for financial aid when you apply for admission and we’ll make sure you have a clear answer on your financial package in a few short weeks.
97% of Albright students receive aid.
$20 million in financial aid is awarded each year.
“I love to sing, and I knew Albright’s choral program was strong, and then I found out I was being offered a scholarship to sing in the choirs. I couldn’t believe I was going to get paid to sing.”
— Zachary Chan ’22
Understand the total cost of your education by factoring in tuition, fees, books and supplies.
|Student Services Fee||$1,246|
|Room (Double Occupancy)||$7,625|
|Room (Single Occupancy)||$9,291|
|Meal Plan (Gold Unlimited)||$6,801|
|Student Services Fee||$1,234|
|Room (Double Occupancy)||$7,476|
|Room (Single Occupancy)||$9,109|
|Meal Plan (Gold Unlimited)||$6,478|
Albright’s Net Price Calculator is a great tool to help you accurately determine your financial commitment over the next four years. It will help you with financial aid eligibility, federal Expected Family Contribution (EFC) and out-of-pocket expenses.
To be eligible for financial aid, follow these two easy steps:
Dates to Remember
Plan your application and financial aid submission in advance.
|Enrollment||Application Deadline||Financial Aid Deadline||Admission Notification||Financial Aid Notification||Student Response Deadline|
|Fall||Rolling||April 30||Rolling (starting Sept.)||Rolling (starting Oct.)||June 1|
|Spring||Dec. 15||Dec. 15||Rolling (starting Nov.)||Rolling (starting Nov.)||Jan. 15|
To reward those students for their achievements in academics, leadership and community involvement, Albright offers a variety of scholarships and awards. All scholarships and awards are renewable each semester as long as the student remains in good academic standing and is in compliance with Albright’s Student Code of Conduct.
$22,000 per year, are offered to Berks County students who are dedicated to community service, leadership, strength of character and commitment to excellence.
$20,000 per year. Presidential Scholars generally rank in the top five percent of their graduating class and demonstrate strong leadership skills and a commitment to service.
$18,000 per year. Dean’s Scholars have excellent academic records and demonstrate a commitment to school and community.
Keystone Commitment Scholarship
$16,000 per year, are offered to first-year students who have strong and respectable academic records and a home address in Pennsylvania.
$15,000 per year. Albright Scholars have strong academic records.
Albright College Grants
$8,000-$10,000 per year. Albright College grants are awarded to those students with respectable academic records.
13th Street Scholarship
North 13th Street in Reading, Pennsylvania is noted by Ripley’s Believe it or Not as the only place in the United States where a student can go from kindergarten through college by taking classes at schools on the same street. In recognition of this educational phenomenon, the 13th Street Scholarship is awarded to all accepted students who have graduated from Reading High School, Northeast Middle School and 13th & Green and/or 13th & Union Elementary Schools.
Warren L. Davis Scholarship
This prestigious invitation-only scholarship covers full tuition, as well as room and board costs at Albright College. It is awarded to those students who display exceptional academic performance and have a desire to hone their creative and critical thinking skills so they may serve their communities beyond Albright. Students who are invited to apply must submit a prompted essay as well as a character recommendation. Select students will then be invited to campus for a series of interviews, including a meeting with Albright College President Jacquelyn S. Fetrow, Ph.D. ’82.
Albright College is incredibly fortunate to have a committed group of donors who passionately support our efforts. Thanks to their kindness and generosity, we are able to provide a world of wonderful opportunities for our students.
If you are a child or grandchild of an Albright College graduate, you are eligible to receive the Legacy Award. Candidates must provide documentation of legacy status in their application prior to an offer of admission.
If you demonstrate outstanding creative talent and a serious commitment toward student leadership, you may be invited to apply for the Albright Talent Award. These renewable grants are awarded based on your portfolio, interview, or audition.
United Methodist Award
In recognition of its affiliation with the United Methodist Church, Albright offers awards to incoming students who are active in their United Methodist Church. Candidates must provide a letter from their pastor clearly stating their active membership in the church. This letter must be received prior to May 1.
A number of grants are available through Albright College, the federal and state governments, and other sources. Grants are awarded based on financial need.
Albright College Trustee Grants
Albright College gives Trustee Grants on the basis of financial need. These funds originate from several sources, including funds donated to the college.
Federal Government Grants
Federal Pell Grants and Federal Supplemental Education Opportunity Grants are given by the federal government on the basis of financial needs. Both of these programs can change from year to year based on the family’s financial circumstances. The Federal Supplemental Opportunity Grant is need-based and is given until the federal fund has been exhausted.
Students who are Pennsylvania residents could be eligible for a Pennsylvania State Grant through the Pennsylvania Higher Education Assistance Agency (PHEAA). Typically, the application for the PA State grant is initiated when a student from Pennsylvania submits a valid FAFSA. PHEAA has a strict filing deadline of May 1 prior to the start of each academic year.
Students who are not Pennsylvania residents could be eligible for similar state grant aid programs in their home state. Not all surrounding states allow the student to receive state aid when attending a Pennsylvania institution. For more information about these aid programs, including eligibility requirements and filing deadlines, please contact your high school guidance office or the corresponding state agency that manages the aid programs in your home state.
Children of Fallen Heroes Act
Information will be available at a later date.
Fostering Independence Tuition Waiver Program
Created by Act 16 of 2019, this program seeks to remove barriers in accessing post-secondary education for youth who are or have been in foster care. This will allow eligible foster youth to complete their studies, graduate with less debt, and have the opportunity to build a network of support. To see if you qualify, please read the FosterEd Student Brochure.
Veterans Benefits Administration
Please contact the Registrar’s Office for information.
State, Federal, or Outside Tuition Grant Assistance
All students receiving grant assistance from other institutions and/or states, must notify the Financial Aid Office. Tuition grants received from other institutions for tuition or from states other than Pennsylvania will be used to meet any unmet need in the financial aid package. However, if a need-based grant is awarded by Albright before we are informed of the outside tuition grant award eligibility, the need-based aid from Albright may be subject to change. Albright will allow our academic scholarship awards to be used for charges associated with tuition as well as room and board.
Once you complete your FAFSA, you will be notified of which loans you qualify for and how much money you are eligible to borrow.
Federal Direct Student Loan
A Master Promissory Note (MPN) and Entrance Counseling must be completed to receive Federal Direct Student Loan funds. You may complete these steps online at www.studentaid.gov.
There are two types of Federal Direct Student Loans
Am I eligible for financial aid at Albright College?
To be eligible for federal, state, and college financial aid, you must:
What do I need to do if I’m selected for financial verification?
Financial aid applications are randomly selected by the federal FAFSA processor for verification. If you are chosen, you are required to provide documentation including the most recent Federal IRS Tax Transcript, copies of immediate past year W-2 forms, and a completed Federal Verification Worksheet.
In addition, Albright College’s Financial Aid Office may require you to provide proof of citizenship, proof of registration with the Selective Service, copies of social security benefit statements, 1099 forms, corporate earnings statements, or other information dealing with your income or assets.
Important note: the verification process cannot accept signed copies of federal 1040 tax forms. All families selected for verification must request a tax transcript from the IRS or choose to use IRS data retrieval on their FAFSA to meet the verification requirements.
What are my payment options if I take out a student loan?
Federal PLUS Loan
Through this program, parents of dependent undergraduate students may borrow up to the total cost of education, less any financial aid received. Graduate and professional students are also eligible to borrow under this program. Parents of dependent undergraduate students can apply for the Parent PLUS Loan at www.studentloans.gov with their social security number and FSA ID.
Private Student Loans
Before applying for private student loans, undergraduate and graduate students should have filed a FAFSA. Make sure to maximize your federal and state aid options before applying for additional loans. Borrowers and co-signers should review and compare information about interest rates, fees, loan terms, and repayment terms. Interest rates are often determined by the credit history of the borrower and/or co-signer. During the application process, selecting options such as in-school deferment and repayment schedule can directly affect interest rates. For specific questions, please contact the lenders directly. A list of lenders can be found at ELMSelect.
**New Jersey residents may be eligible for an NJ Class Loan. More information can be viewed at www.hesaa.org/njclass.
Interest Free Monthly Payment Plans
Please visit here for more information on payment plan options offered through our Student Accounts Office.
Does my student status impact my eligibility for financial aid?
When determining your eligibility for federal, state and Albright College financial aid, your enrollment status is defined as follows:
Full-time enrollment status is considered to be 3 courses per semester (traditional and accelerated degree programs). Full-time status is required for the awarding of all institutional funds.
Half-time enrollment status (in both the day and evening programs) is considered to be 2 courses per semester. At least half-time status is required for some grant programs, federal loan programs, and federal work-study.
Less than half-time enrollment status, or 1 class each semester, may entitle a student to a modest Federal Pell Grant, but other aid programs are not applicable to this status.
Our financial aid staff is eager to answer your questions and help you navigate the financial aid process. If you have questions or concerns, or if your family’s financial situation has changed, please don’t hesitate to reach out to us.
Suzanne Sparrow, director of financial aid
Satisfactory Academic Progress (SAP), Dependency Overrides, Private Loans
Danielle Wambaugh, systems operations manager
PA State Grant Program, Special Programs
Juliana Caceres, receptionist