$5,317

Avg. Federal Grant

$6,874

Avg. Federal Loan

$26,714,342

Total Aid Awarded

American Intercontinental University (AIU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

75%

Total Aid Amount Average Total Aid Awarded per year.

$26.714M

Financial Aid Official Website

www.aiuniv.edu/admissions-financial-aid/financial-resources

The financial aid provided by a university helps the promising and the students in need to ease out their educational burdens a little bit. The American InterContinental University (AIU) understands the challenges faced by the students on a daily basis and thus provide ample support to them on financial terms in order to ease out their educational life. AIU provides a variety of grants programs for the benefits of their students. The students must meet the eligibility criteria for these programs in order to participate. AIU administers its grant programs in accordance with prevailing federal and state laws and its own institutional policies. Students are responsible for providing all requested documentation in a timely manner.

Some of the grants categories are listed below-

  • AIU Advantage Grant
  • AIU Corporate Educational Alliances Grant
  • AIU Academic Educational Alliances Grant
  • AIU Tribal Educational Alliances Grant
  • AIU Veterans Grant
  • AIU Yellow Ribbon Grant
  • AIU Lifelong Learning Grant
  • AIU Houston MSIT Lifelong Learning Grant
  • AIU Military Spouse Grant
  • AIU Success Grant
  • EANGUS Scholarship
  • AIU Student Determination Grant
  • Alumni Referral Grant
  • AIU Impact Grant
  • AIU Academic Progress Scholarship
  • AIU International Scholarship
  • AIU International Student Grant
  • AIU Language Center Grant for International Students

An amount of $26,714,342 is awarded as financial aid by the American InterContinental University to its students.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

77%

State Grant Aid

N/A

Institution Grant Aid

38%

Pell Grant

76%

Average Aid Awarded

Federal Grant Aid

$5,317

State Grant Aid

N/A

Institution Grant Aid

$1,515

Pell Grant

$5,242

The table presented here says that the financial aid provided by American InterContinental University is categorized in four separate categories which are Federal Grants, Pell Grants, State Grants and Institutional Grants. Within the grants that are provided under American InterContinental University, the federal aid is the one that covers the most percentage of students which is about 77% but not just this the average grant amount provided under Federal grants aid for the University is the highest among the mentioned categories of grants and totals to $5,317.

Now if we consider the Institutional grant aid it is the lowest when compared to the coverage of other grants mentioned in the table above, around 38% only and the average amount assigned under this scheme is $1,515 which will be also be considered as the lowest amount offered. For the case of Pell grant aid, the percentage coverage is about 76%. The amount provided under Pell grant aid is $5,242. And for more details regarding the state grant aid percentage coverage and the average amount provided under this scheme please visit the official website of the college.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,245

$30,001 - $48,000

$4,618

$48,001 - $75,000

$2,537

$75,001 - $110,000

$3,964

Over $110,000

N/A

As presented in the above table the federal aid provisions which are provided to the students of the university to a great extent is dependent on the financial conditions and the annual family income of the students. As one can observe in the table above the students whose family income is below $30,000 per annum they are more likely to receive higher federal aid in order to make their educational burden little less as the financial conditions for those students are on a bit weaker side. 

Students whose family income is below $30,000 or falls in between $30,000 and $48,000 may avail an average aid amount of $5,245 and $4,618 respectively. $2,537 is offered to students whose family income lies between $48,001 and $75,000. Higher-income groups receive a substantially lesser amount. Families whose earnings lie between $75,001 and $110,000 receive a lower amount of $3,964.

Student Loans for American Intercontinental University (AIU)

Average Loan Amount Average Loan Amount received per year.

$6,874/Year

Students Taking Out Loans

85%

Loan Default Rate

19%

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