by our College Data Analytics TeamA lot 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 sum total of attendance at American Medical Academy can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial assistance options will American Medical Academy offer you, and what will you qualify for? Read on for more information. Read on to learn 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. The information provided on this page can help you determine how much aid you may receive from American Medical Academy.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. 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 Medical Academy, 0% of the incoming full-time class was awarded financial aid approximately 0 students).
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, roughly 16% of undergrads got grants or scholarships worth on average $3,237 (for some 89 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 16% | $3,237 |
| Federal Pell grants | 11% | $4,531 |
| Federal student loans | 13% | $7,541 |
The middle student in the debt distribution at American Medical Academy owes $9,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $10,831 |
| Typical 10-year monthly payment (graduates) | $114.83/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at American Medical Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,649 |
| 75th percentile | $11,046 |
| 90th percentile (highest-debt students) | $15,248 |
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 | $10,866 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $8,302 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $12,090 |
A handful of calculated indicators summarize the debt outlook at American Medical Academy.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at American Medical Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 761 |
| Total Stafford loan amount | $7,395,040 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 27 |
| Total GI Bill amount | $153,030 |
| Average GI Bill amount per recipient | $5,668 |
References
More about our data sources and methodologies.