by our College Data Analytics TeamA lot of 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 sum total of attendance at American Educational College can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial aid solutions can American Educational College provide, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to find out how much school funding will be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at American Educational College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at American Educational College, 99% of entering full-time freshmen got some type of financial assistance some 155 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $3,549 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 99% | $3,314 |
| State/local grants | 10% | $600 |
| Federal student loans | 0% | — |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at American Educational College, some 100% of undergrads got grants or scholarships worth on average $3,581 (among about 230 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $3,581 |
| Federal Pell grants | 100% | $3,358 |
| Federal student loans | 0% | — |
For on-campus title-IV students, average grant aid came to $3,549.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,906 |
| $30,001 – $75,000 | $6,899 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $7,859 |
| Off-campus title-IV students | $6,906 |
To project your own net price, use American Educational College’s NPC: www.amedcopr.com/netpricecalculator/.
A handful of calculated indicators summarize the debt outlook at American Educational College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at American Educational College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 17 |
| Total Stafford loan amount | $99,840 |
References
More about our data sources and methodologies.