by our College Data Analytics TeamMany students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Atlanta Institute of Music and Media can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial assistance options will AIMM offer you, and what will you qualify for? Read on for more information. Keep scrolling to discover how much school funding could be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Atlanta Institute of Music and Media.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Atlanta Institute of Music and Media, 79% of first-time, full-time freshmen received some form of financial aid around 71 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 68% | $4,558 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 68% | $4,408 |
| State/local grants | 0% | — |
| Federal student loans | 74% | $5,334 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, about 72% of undergrads got grants or scholarships worth on average $3,181 (across roughly 241 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $3,181 |
| Federal Pell grants | 52% | $4,244 |
| Federal student loans | 68% | $7,777 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $3,200.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $32,411 |
| $30,001 – $75,000 | $32,789 |
| Over $75,000 | $35,962 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $37,832 |
| Off-campus title-IV students | $32,699 |
To project your own net price, use AIMM’s official net price calculator: aimm.studentaidcalculator.com/survey.aspx.
Graduating students at AIMM carry a median federal student debt of $9,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $15,411 |
| Typical 10-year monthly payment (graduates) | $163.38/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at AIMM.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,834 |
| 25th percentile | $3,566 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $12,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,168 |
| Middle income | $9,500 |
| High income | $9,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,334 |
| Continuing-generation students | $9,848 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,334 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for AIMM.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at AIMM:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1554 |
| Total Stafford loan amount | $12,799,472 |
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 | 45 |
| Total GI Bill amount | $504,814 |
| Average GI Bill amount per recipient | $11,218 |
References
More about our data sources and methodologies.