by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
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 AUM.
$6,057.00 is the typical Auburn University at Montgomery’s first year financial aid package. 98% of reshman students get financial aid, most of which is in the form of grants and scholarships
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Auburn University at Montgomery you may end up taking on.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The numbers listed below make reference to help that is offered by Auburn University at Montgomery.
90% of new students (541 total) were offered scholarships at Auburn University at Montgomery, averaging $3,612.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 68% of freshmen (410 total) received a federal grant, for about $5,050.00 a person.
The table shows scholarship and grant allocations by income for first-year students receiving any type of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 33.72% | $8,091.00 |
| Income 30k-48k | 12.96% | $6,979.00 |
| Income 48k-75k | 8.31% | $4,825.00 |
| Income 75k-110k | 6.15% | $3,021.00 |
| Income 110k + | 7.48% | $3,884.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
98% of the 602 undergraduates at Auburn University at Montgomery receive some sort of grant aid. This is a total of about 580 students getting an average of $6,057.00 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.