A large number of college students will not be billed the advertised price of a school. Instead, they will be offered a financial aid deal that will include a combination of scholarships, grants, loans, and possibly work-study opportunities.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from American University.
$34,726 is the average American University's freshman financial aid offer. Around 59.0% 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.
The numbers below refer to scholarships and grants largely offered by American University.
56.0% of new students (984 total) were given scholarships at American University, averaging $25,355 per person. This puts it in the top 20th percentile of all schools nationwide.
In addition to scholarships, 15.0% of freshmen (261 total) received a federal grant, for about $4,666 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.
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 0-30k | 6.1% | $37,590 |
Income 30k-48k | 5.1% | $43,444 |
Income 48k-75k | 7.3% | $32,864 |
Income 75k-110k | 8.7% | $28,905 |
Income 110k + | 30.0% | $11,618 |
Title IV aid contains grants, loans, or work-study granted by the federal government generally based on need. Learn more here.
53.0% of the 8,285 undergraduates at American University obtain some kind of grant aid. This is a total of about 4,350 students getting an average of $27,386 each.
Go to the Tuition and Fees page or the Cost Per Credit Hour page for more info.
Financial Aid Department Website | www.american.edu/financialaid/ |
Net Price Calculator | www.american.edu/financialaid/Net-Price-Calculator-Form.cfm |