American National University's financial aid plan for fresher students is about $7,005 which they grant every year for the new students. Nearly 67% of the new students who get admission in American National University get some sort of financial aid in the form of scholarships and grants as well.
It is also known that nearly 95% of the new students get benefitted from the federal grants. So, a student can expect some sort of relief in the form of financial aid from the University. The total financial aid that has been awarded by the University till now is $2651501.
Scholarships
At American National University, various academic scholarships are being offered to students based on their academic qualifications and the information that the student provides on the application form as well. The University offers Trustees, Presidential, and Marquis scholarships which can be availed by a student directly from the university website.
It is also known that the University also offers scholarships for Indiana residents.
Grants
American National University allows its students to claim grants as a form of financial aid. The number of students getting Federal Aid is about 95% in the University. The average Federal Grant Aid in the University is about $5,037. The University also allows certain Pell Grants Commission to its students as well. Students who receive Pell Grants in the University are about 95% after fulfilling the Pell Grants requirements. The Pell Grant average financial aid that is received by the students is about $4,715.
American National University also offers State Grant Aid for its students. The students who get benefited from the Institutional Aid percentage is about 93%. Also, the average state federal aid is about $2,947.
Loans
As from the tuition fees, it is evident that American National University is a very expensive university so a lot of students depend on student loans for the same. From the recent data, it is known that about 95% of the students successfully recover the student loans that they take during the tenure of their course. The average student loan amount at American National University is about $7,005.
After graduation, almost every student gets placed in some firms so as a result the Loan default rate is also very low at American National University and is about 14.4%.