Average In-State Net Price of $16,824 For All Undergrads
Two important factors that affect the net price you will pay to attend Alabama A & M University are where you will be living, either on-campus or off, and whether or not you will be receiving any grants or scholarships.
How did we come up with that net price? We take the total quoted costs of attending Alabama A & M University 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.
$16,824 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 AAMU paid $16,824 based on estimates from 2015. This number represents the overall average net price of all in-state undergraduate students, including those that did not receive any financial aid.
Breakdown of College Costs for Freshmen
68% of freshman students paid in-state tuition. Of these in-state students, 91% received an average of $6,696 in grants and scholarships. This resulted in an average annual net price of $16,200 for on-campus students.
Alabama A & M University 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|
|1,066 Total Freshmen|
|114 (11%) did not receive any grants or scholarships.||$30,666||$30,666||$22,526|
|952 (89%) split a total of $7,212,352 for an average of $7,576 each||$23,090||$23,090||$14,950|
|727 In-State Students|
|67 (9%) did not receive any grants or scholarships.||$22,896||$22,896||$14,756|
|660 (91%) split a total of $4,419,360 for an average of $6,696 each||$16,200||$16,200||$8,060|
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.
How Much Are You Going To Pay? It Depends on How Much You Have
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||In-State Net Price|
The above table only includes the calculated net price for students that received some form of Title IV aid.
Net Price for Freshmen Receiving Aid is Actually Going Up
Over a period of six years the average net price paid by all freshmen at Alabama A & M University has increased by an average of 22.1% per year.
This School Is Looking a Whole Lot More Affordable with Financial Aid
An overall average net price of $15,320 puts Alabama A & M University below the national average of $21,700.