by our College Data Analytics TeamMany 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 International College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financing solutions does AIC deliver, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to find out just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at American International College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. 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 International College, 100% of new full-time first-years were awarded at least some aid around 275 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $36,184 |
| Institutional grants & scholarships | 100% | $32,410 |
| Federal Pell grants | 67% | $4,034 |
| State/local grants | 24% | $3,633 |
| Federal student loans | 77% | $5,156 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At AIC, roughly 84% of undergraduate students received gift aid averaging $33,238 (covering around 1093 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $33,238 |
| Federal Pell grants | 45% | $5,309 |
| Federal student loans | 67% | $6,906 |
For students living on campus and receiving title-IV aid, grants averaged $35,996.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $18,451 |
| $30,001 – $75,000 | $20,228 |
| Over $75,000 | $32,098 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $23,274 |
| Off-campus title-IV students | $25,299 |
For a personalized estimate based on your family’s financial situation, use AIC’s net price tool: www.aic.edu/admissions/tuition-and-financial-aid/net-price-calculator/.
The middle student in the debt distribution at AIC owes $21,063 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $21,063 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at AIC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $6,800 |
| 75th percentile | $29,000 |
| 90th percentile (highest-debt students) | $39,750 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $19,353 |
| Middle income | $21,125 |
| High income | $21,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $20,399 |
| Continuing-generation students | $21,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $25,000 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. AIC.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at AIC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 14350 |
| Total Stafford loan amount | $377,613,562 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 16 |
| Total GI Bill amount | $240,667 |
| Average GI Bill amount per recipient | $15,042 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $1,500 |
| Average DoD amount per recipient | $1,500 |
References
More about our data sources and methodologies.