Can You Afford Alabama A & M University?

Attendance Costs in 2015 Varied Between $16,022 & $30,666

Worried about paying the full cost of $30,666 to attend Alabama A & M University? That number can be deceiving, as the net amount most students will pay varies significantly.

For students living in-state, the college offers a discount of 45% off tuition and fees. Also, 89% of freshmen receive some form of financial aid, with the average amount totaling $7,576. Students from low-income families receive an average of $6,874 in aid during their first year. The table below illustrates the range in college costs, depending on financial situations.

Learn more about tuition and fees, room, board and other expenses and financial aid options at Alabama A & M University.

Projected Costs Between $125,356 and $222,878 For a Four Year Degree. Between $50,695 and $102,838 For a Two Year Degree.

It can be a bit scary to look at the total projected cost of a college education over the course of a multi-year degree, however, doing so will help you better understand the financial commitment you are making.

The overall cost for on-campus, in-state students to attend Alabama A & M University in 2015-2016 was $22,896. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 9.6% each year.

If this trend continues, we expect the full cost for incoming freshmen to be $27,518 during their first year. By their senior year, that cost will be approximately $36,258, for a bachelor degree candidate ($30,168 for an associate degree candidate) for a total of $127,018 over the course of four years ($57,686 over the course of two years). These numbers do not take into consideration financial aid, which reduces this overall cost by varying amounts per student.

The cost for out-of-state students is more, with an overall expected four-year cost of $161,393 based on a yearly growth rate of 8.0%. The expected two-year cost is $74,469

Remember, the full costs quoted above are not what most students will pay, and the net price varies quite a bit based on individual circumstances.

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Further Questions to Consider

• Do you know your deadlines? Meeting application deadlines for both the college and the FAFSA is crucial to getting financial aid.
• When can you expect to begin receiving bills from the college? Is there an option to make payments in monthly installments?

Visit net price and financial aid to learn more about the total cost of attending Alabama A & M University.