$5,224

Avg. Federal Grant

$1,000

Avg. Federal Loan

$2,608,185

Total Aid Awarded

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American Business and Technology University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

52%

Total Aid Amount Average Total Aid Awarded per year.

$2.608M

Financial Aid Official Website

https://abtu.edu/im-a-student-explore-abtu-current-students/student-services/cost-tuition-financial-aid-scholarships/

For availing financial aid in American Business and Technology University application it is compulsory to fill the FAFSA form. The university's Financial aid office will provide assistance regarding different aid options. Moreover, students may not be eligible for partial or full amounts of Financial Aid if they have received or applied for Aid at other post-secondary colleges. So they have to withdraw from his or her previous college and then reapply for funding at University in order to be eligible for receiving financial aid funds.

For further information, you can visit the University's Website

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Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

40%

State Grant Aid

1%

Institution Grant Aid

41%

Pell Grant

12%

Average Aid Awarded

Federal Grant Aid

$5,224

State Grant Aid

$7,097

Institution Grant Aid

$394

Pell Grant

$3,842

As shown in the table the breakdown includes Federal Grants, Pell Grants, state grants and institutional grants , with institutional grants having the highest percentage contribution of 41% with an average aid amount being $394.

Pell grants have a percentage of 12% with an average aid amount of $3842 which is lower than the Federal grant aid average of $5224.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,469

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

As illustrated above, the students get an aid of $16620 whose family income is $16620 and an aid of $2101 whose family income is above $110,000. This signifies a proper distribution of aid which does not cause any financial burden on any of the family group.

Student Loans for American Business and Technology University

Average Loan Amount Average Loan Amount received per year.

$1,000/Year

Students Taking Out Loans

N/A

Loan Default Rate

10.9%

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