Understand Auburn University at Montgomery's Financial Aid
The amount of financial aid, scholarships, grantsvary person to person. Utilize info below to better know how much tuition assistance you'll receive from Auburn University at Montgomery according to income and worth.
How Many Students Receive Financial Aid?
$10,846 is the usual Auburn University at Montgomery's freshman financial aid offer. Approximately 87.0% of new students get financial help, the majority of which is in the form of loans.
Financial aid helps decrease the cost, or the "sticker" price of the college. However, bear in mind that the only true college discount are scholarships & grants.
A college loan is not a legitimate college discount, but rather an additional cost consideration. Find out how much student loan debt from Auburn University at Montgomery you may end up taking on.
How Much Aid is Offered That I Don't Have to Repay? (A.K.A. Scholarships & Grants)?
The numbers below apply to scholarships and grants largely offered by Auburn University at Montgomery.
41.0% of incoming freshmen (241 total) were given scholarships at Auburn University at Montgomery, averaging $5,257 per person.
In addition to scholarships, 51.0% of freshmen (301 total) received a federal grant, for about $4,302 a person.View the typical amount of scholarships and grants first years get by looking at the graph below.
Grants are typically based on need while scholarships are based on merit or ability.
Amount of Financial Aid Per Family Income
The following table demonstrates scholarship and grant distributions by family income for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 28.7% | $5,989 |
| Income 30k-48k | 13.2% | $5,039 |
| Income 48k-75k | 11.2% | $3,491 |
| Income 75k-110k | 10.0% | $2,473 |
| Income 110k + | 9.5% | $2,366 |
Education funding from the federal government by means of loans, grants, and work study is referred to as Title IV aid. Get more info on Title IV here..
Grants & Scholarships for All Undergraduate Students Average $6,150
2,483 Auburn University at Montgomery students receive grands (this is about 4,334 of the complete student body). The typical amount these students receive is $6,150 The most of which are in the form of Pell Grants.
Financial Aid Links from Auburn University at Montgomery
| Financial Aid Department Website | www.aum.edu/admissions/financial-information/financial-aid |
| Net Price Calculator | www.aum.edu/admissions/financial-information/price-estimator-calculator |
