$2,358

Avg. Federal Grant

$4,350

Avg. Federal Loan

$1,182,194

Total Aid Awarded

Amridge University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

89%

Total Aid Amount Average Total Aid Awarded per year.

$1.182M

Financial Aid Official Website

www.amridgeuniversity.edu/financialaid/

Students can avail of scholarships provided by the university, such as Alabama Student Grant, Home School Student Award, Undergraduate Academic Scholarship, and Undergraduate First-time Freshman Scholarship, if they find educational expenses to be on the higher side. It is interesting to note that almost every student at AU receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $2,133,386. For additional information about financial assistance schemes, one can head over to AU’s financial aid page at http://www.amridgeuniversity.edu/financialaid/. Notably, a total of 100% of the applicants to Amridge University receive the Federal Grant every year. In comparison, 100% of the students get the Student Grant, and 100% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,188. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Students whose family income per annum is less than $30,000 will receive a federal aid of $5,915 on average in a year. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. 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 Amridge University, the percentage of candidates who opt to avail of student loans is around 100%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

100%

State Grant Aid

60%

Institution Grant Aid

100%

Pell Grant

100%

Average Aid Awarded

Federal Grant Aid

$2,358

State Grant Aid

$430

Institution Grant Aid

$1,960

Pell Grant

$2,298

A federal grant is also an option for you if you meet the eligibility criteria. 100% of pupils are offered such grants about a total of $2,358. The Pell grants average amount is $2,298 and serves 100% candidates.

In addition to these, the state grants also cover up the expenses of 60% of pupils and the average of it is  $430. You might depend upon the institutional scholarships and grants as almost 100% all students get hold of them and the average of them is $1,960.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$2,358

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

A student having an annual family income of less than $30,000 might get an aid amount of $2,358 as the net price. 

Student Loans for Amridge University

Average Loan Amount Average Loan Amount received per year.

$4,350/Year

Students Taking Out Loans

100%

Loan Default Rate

11%

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