Why Undertanding Financial Aid is Important
The quantity of financial aid, scholarships, and grants varies from person to person. Using the info listed below, you can better understand how much financial assistance you'll receive from The American University based on income and worth.
What is Inside a Normal Financial Aid Deal at The American University
$32,035 is the average American University's freshman financial aid offer. Around 75.0% of new students get some form of financial aid, the majority of which is in the form of scholarships and grants.
A financial aid package includes scholarships, grants, and student loans. However, loans have to be paid off, so they aren't a true college discount.
Uneasy about the debt that might be included in your financing offer? View the average amount of debt per student at The American University.
Number of The American University Scholarships & Grants
The numbers below refer to scholarships and grants largely offered by American University.
74.0% of new students (1,327 total) were given scholarships at American University, averaging $23,208 per person. This puts it in the top 20th percentile of all schools nationwide.
In addition to scholarships, 20.0% of freshmen (361 total) received a federal grant, for about $4,513 a person.
How are scholarships and grants distributed to freshmen at The American University? Look at the data below.
Grants are normally based on need while scholarships are based on merit or ability.
Financial Aid per Family Income
The following table displays grant and scholarship distributions by income level for freshmen getting any form of federal Title IV assistance, including Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||30.4%||$13,436|
Title IV aid contains grants, loans, or work-study granted by the federal government generally based on need. Learn more here.
$23,260 is the Common Total an Undergraduate Will Get in Grants or Scholarships
63.0% of the 7,706 undergraduates at American University obtain some kind of grant aid. This is a total of about 4,863 students getting an average of $23,260 each.
Financial Aid Links from American University
|Financial Aid Department Website||www.american.edu/financialaid/|
|Net Price Calculator||www.american.edu/financialaid/Net-Price-Calculator-Form.cfm|