American Institute Financial Aid and Scholarships
Students Receiving Aid
76%
Total Aid Amount
$2.674M
Financial Aid Official Website
N/A
Notably, 99% of the students at American Institute-Clifton get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,219,666. At AIC, the total percentage of applicants who receive the Federal Grant stands at 92%. On the other hand, 94% of the candidates get the Student Grant, 4% receive the Institution Grant, and 92% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $3,266, and the same stands at $4,715 for State Grant awardees and $4,609 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $2,783. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At American Institute-Clifton, the percentage of candidates who opt to avail of student loans is around 95%.