by our College Data Analytics TeamMost students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Amridge University can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial aid options can Amridge offer you, and what will you qualify for? Keep reading for more information. Keep reading to see what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Amridge University.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Amridge, some 85% of undergraduates were awarded grant or scholarship aid averaging $3,366 (covering around 193 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $3,366 |
| Federal Pell grants | 77% | $2,054 |
| Federal student loans | 81% | $3,885 |
The median federal debt load at Amridge comes to $13,385 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $13,385 |
| Median federal debt (graduates only) | $32,189 |
| Typical 10-year monthly payment (graduates) | $341.26/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at Amridge.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,166 |
| 25th percentile | $4,750 |
| 75th percentile | $24,250 |
| 90th percentile (highest-debt students) | $38,455 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $12,875 |
| Middle income | $18,803 |
| High income | $19,917 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,453 |
| Continuing-generation students | $12,250 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,166 |
| Independent students | $14,250 |
These indicators are derived from the underlying debt data and summarize the overall picture at Amridge.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Amridge:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4548 |
| Total Stafford loan amount | $181,397,165 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 23 |
| Total GI Bill amount | $139,994 |
| Average GI Bill amount per recipient | $6,087 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 36 |
| Total DoD amount | $113,228 |
| Average DoD amount per recipient | $3,145 |
References
More about our data sources and methodologies.