Average Net Price of $15,946 For All Undergrads
How did we come up with that net price? We take the total quoted costs of attending AIB College of Business including tuition, fees, room, board and other expenses. Then we subtract out the average amount of aid awarded per student. This gives us the average total cost of going to school here for one year, or what we refer to as net price.
$15,946 is the average net price accross all students. You can further guage what your net price will be further down the page by looking at net price by family income level.
The average undergrad student at American Institute of Business paid $15,946 based on estimates from 2015. This number represents the overall average net price of all undergraduate students, including those that did not receive any financial aid.
Breakdown of College Costs for Freshmen
Grant and scholarship aid was given to 98% of freshman students. The average amount awarded was $11,044. When subtracted from the total cost to attend American Institute of Business and live on campus, the average annual net price for freshmen receiving aid was $12,944.
AIB College of Business Sticker Price Vs. Net Price
Full Sticker Price
This is what they advertise that you will pay in this senario.
Aid (Grants and Scholarships)
Money given to you to offset the cost of college.
Expected Net Price
This is what you can expect to pay (or pay back).
Money you borrow to cover the cost of college. You will have to repay this eventually.
Out of Pocket
Money you need to come up with each year to attend college.
The following table explores the likelihood that you too will receive some common price-reducing aid, based on percentages.
|Net Price by Aid Group||On Campus||Off Campus||At Home|
|174 Total Freshmen|
|4 (2%) did not receive any grants or scholarships.||$23,988||$26,787||$20,514|
|170 (98%) split a total of $1,877,480 for an average of $11,044 each||$12,944||$15,743||$9,470|
The above refers to grants and scholarships from the college and/or the state, federal or local governments. Other sources of grant aid such as private scholarships are not included.
Net Price Based on Family Income Level
Family income can have a large impact on the amount of aid you receive, and thus, your net price.
The table below shows the average net price freshmen paid based on income level. Note that if the school offers in-state tuition, the lower in-state tuition has been used in the calculation.
|Net Price by Family Income Level||Net Price|
The above table only includes the calculated net price for students that received some form of Title IV aid.
Consistent Net Price Trend for Freshmen Receiving Aid
Over a period of four years the average net price paid by all freshmen at AIB College of Business has remained about the same, shifting by an average of only 0.0% per year.
Students Get a Great Deal with Financial Aid: Low Net Price
An overall average net price of $12,944 puts AIB College of Business well below the national average of $21,700.