by our College Data Analytics TeamThe total cost of attendance at American Academy McAllister Institute of Funeral Service can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
Interested in understanding the financial aid resources available at AAMI and your eligibility? Find the answers you seek below.
$7,084.00 is the typical American Academy McAllister Institute of Funeral Service’s first year financial aid package. 38% of reshman students get financial aid, most of which is in the form of grants and scholarships
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at American Academy McAllister Institute of Funeral Service.
As well as scholarships, 38% of freshmen (6 total) obtained a federal grant, for about $5,377.00 a piece.
Institutional scholarships and grants for freshmen at AAMI are not available to us. This may happen when a school does not serve typical freshmen students but focuses on adult learners instead. If you continue reading, we may report some facts below about all undergrads.
Amount of Financial Assistance Per Income Level
The table below demonstrates scholarship and grant allocations by income level 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 | 31.25% | $7,952.00 |
| Income 30k-48k | 0.00% | $0.00 |
| Income 48k-75k | 6.25% | $2,745.00 |
| Income 75k-110k | 0.00% | $0.00 |
| Income 110k + | 0.00% | $0.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 16 undergraduate students at American Academy McAllister Institute of Funeral Service around 38% (6 total) receive some form of grant aid. The typical amount awarded was $7,084.00.The largest share of which are in the guise of Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.