Why Undertanding Financial Aid is Important
The amount of financial aid, grants, scholarshipsvary from person to person. Using the info listed below, you can better know 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 loans, grans, and scholarships. However, loans must be paid off, so they aren't a genuine 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.
How Much Aid is Available That I Don't Have to Repay? (A.K.A. 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.
The graph directly below reveals the typical volume of scholarship and grant aid given to all freshmen.
Grants are normally based on need while scholarships are based on merit or ability.
Financial Aid per Family Income
The following chart 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|
Education funding from the government in the form of loans, grants, and work study is known as Title IV aid. Get more info on Title IV here..
The Standard Undergrad Who Gets Grant or Scholarship Will get $23,260
4,863 The American University students receive grands (this is about 7,706 of the total student body). The usual amount these students receive is $23,260
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|