This generous financial aid package is made possible through the private support of alumni, friends, churches, organizations, foundations, and businesses across America. A gift to one of the college's scholarship funds offers Appalachian students quality educational opportunities with little or no accumulation of debt. The Caney Cottage Scholarship Program was begun by Alice Lloyd in the 1930s to support graduates continuing their education at the University of Kentucky or other graduate or professional schools. Today, the scholarships are offered on a competitive basis to students who qualify, and hundreds of students have been assisted as a result of the program. The Student Work Program is central to the life of the college.
Students have an opportunity to know that work promotes self-worth and dignity.
Discipline and competence are personal strengths learned from working. The ALC Bridge Program is designed to assist freshman students as they make their transition from high school to college. The program gives students the chance to explore the demands of college courses, sharpen their academic skills, develop a personal work ethic, develop relationships with peers, faculty, and staff, and learn to budget their time and resources for life-long success. Alice Lloyd College was recently named by U.S. News and World Report as the top liberal arts college in the South for graduating students with the least amount of debt. The school recently met a challenge grant from the Christian A. Johnson Endeavor Foundation for new faculty housing.