by our College Data Analytics TeamThe majority of students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at American Institute-Cherry Hill can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial aid solutions can American Institute-Cherry Hill deliver, and just what are you going to be eligible for? Keep reading for answers. Scroll down to see just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from American Institute-Cherry Hill.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at American Institute-Cherry Hill, 100% of entering full-time freshmen got some type of financial assistance roughly 169 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $4,913 |
| Institutional grants & scholarships | 2% | $5,431 |
| Federal Pell grants | 92% | $4,648 |
| State/local grants | 2% | $2,923 |
| Federal student loans | 96% | $6,470 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at American Institute-Cherry Hill, roughly 82% of the undergraduate population received grant aid that averaged $4,125 (covering around 515 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $4,125 |
| Federal Pell grants | 82% | $3,928 |
| Federal student loans | 95% | $6,729 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,973.
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 | $17,192 |
| $30,001 – $75,000 | $17,369 |
| Over $75,000 | $22,352 |
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 | $21,458 |
| Off-campus title-IV students | $17,603 |
For an estimate tailored to your family circumstances, see American Institute-Cherry Hill’s net price calculator: www.americaninstitute.edu/npc/cherry-hill.htm.
A typical borrower at American Institute-Cherry Hill leaves with $9,304 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,304 |
| Median federal debt (graduates only) | $11,979 |
| Typical 10-year monthly payment (graduates) | $127.0/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at American Institute-Cherry Hill.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,982 |
| 75th percentile | $11,206 |
| 90th percentile (highest-debt students) | $13,300 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $8,521 |
| High income | $9,022 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,300 |
| Continuing-generation students | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,483 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at American Institute-Cherry Hill.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at American Institute-Cherry Hill:
| Metric | Value |
|---|---|
| Stafford loan recipients | 13028 |
| Total Stafford loan amount | $123,886,892 |
References
More about our data sources and methodologies.