by our College Data Analytics TeamMany students attending American International College can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
What financial aid options does AIC offer, and what will you qualify for? Keep scrolling for answers.
American International College average financial aid offer for freshmen students is $30,670.00. About 100% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at American International College.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The stats below refer to aid that is provided by American International College.
93% of new students (350 total) were offered scholarships at American International College, averaging $26,781.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 76% of first-year students (287 total) got a federal grant, for about $3,954.00 per person.
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 34.39% | $27,000.00 |
| Income 30k-48k | 12.70% | $28,011.00 |
| Income 48k-75k | 12.43% | $23,050.00 |
| Income 75k-110k | 14.55% | $20,150.00 |
| Income 110k + | 11.90% | $19,809.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
100% of the 378 undergraduates at American International College receive some sort of grant aid. This is a total of about 350 students getting an average of $30,670.00 per person.
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.