by our College Data Analytics TeamA lot of students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to American InterContinental University System can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financing solutions does AIU Online deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on 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 InterContinental University System.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At American InterContinental University System, 75% of new full-time first-years were awarded at least some aid around 118 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $7,671 |
| Institutional grants & scholarships | 26% | $3,305 |
| Federal Pell grants | 62% | $7,025 |
| State/local grants | 0% | — |
| Federal student loans | 64% | $7,298 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At AIU Online, some 80% of undergraduates were awarded grant or scholarship aid averaging $6,820 (for some 5439 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $6,820 |
| Federal Pell grants | 71% | $6,171 |
| Federal student loans | 70% | $8,482 |
On-campus students receiving title-IV aid were awarded grants averaging $7,084.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,339 |
| $30,001 – $75,000 | $14,856 |
| Over $75,000 | $17,381 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $15,172 |
| Off-campus title-IV students | $14,449 |
To get a personalized net price estimate, try AIU Online’s NPC: www.aius.education/about-aius/institutions.
The middle student in the debt distribution at AIU Online owes $9,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $31,000 |
| Typical 10-year monthly payment (graduates) | $328.65/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at AIU Online.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,000 |
| 25th percentile | $3,500 |
| 75th percentile | $23,295 |
| 90th percentile (highest-debt students) | $40,415 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $12,667 |
| High income | $13,020 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $10,195 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,500 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at AIU Online.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at AIU Online:
| Metric | Value |
|---|---|
| Stafford loan recipients | 195152 |
| Total Stafford loan amount | $4,391,094,162 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 1005 |
| Total GI Bill amount | $9,683,819 |
| Average GI Bill amount per recipient | $9,636 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1189 |
| Total DoD amount | $4,380,970 |
| Average DoD amount per recipient | $3,685 |
References
More about our data sources and methodologies.