$5,299

Avg. Federal Grant

$6,144

Avg. Federal Loan

$1,028,687

Total Aid Awarded

American Institute of Alternative Medicine Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

66%

Total Aid Amount Average Total Aid Awarded per year.

$1.029M

Financial Aid Official Website

https://www.aiam.edu/financial-aid-3/financial-aid-faq/

It is interesting to note that almost every student at AIAM receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $2,566,283. At AIAM, the total percentage of applicants who receive the Federal Grant stands at 100%. In comparison, 100% of the students get the Student Grant, and 100% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,499. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At American Institute of Alternative Medicine, the percentage of candidates who opt to avail of student loans is around 75%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

80%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

80%

Average Aid Awarded

Federal Grant Aid

$5,299

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,057

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,003

$30,001 - $48,000

$6,184

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for American Institute of Alternative Medicine

Average Loan Amount Average Loan Amount received per year.

$6,144/Year

Students Taking Out Loans

80%

Loan Default Rate

7.6%