In 2022, tuition for full-time students at American International College was $40,550 a year.
Tuition increased 3% in 2022–from $39,370 the previous year. Usually, college tuition goes up about 3% every year.
If these numbers feel scary, remember, the "sticker price" of tuition doesn't always give you enough information to determine the actual cost of attending any given college. Many students find the actual cost of college is far less than the sticker price after grants, scholarships, and tuition discounts kick in. Plus, student loans can make the amount you do have to pay for college feel more doable until after graduation.
American International College is a private, nonprofit institution, which means it has the same tuition for residents of Massachusetts as it does for students who live in other states.
Public schools receive funds from the state to help them cover costs. Public insitutions often offer a lower cost of attendance for students who are residents of that state.
Choosing a college where you qualify for in-state residency can cut the cost of college tuition. Don't forget to verify your state's guidelines for how to qualify for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. The most common requirement is that students must have lived in the state for a full year before starting school. There may be other criteria too, depending on the state you and your parents currently reside in.
American International College has the same tuition for international students as for those from out of state.
International students usually do not qualify for for loans or grants from the U.S. government, but should research private or school-specific aid and scholarships. International students with need may qualify for the following types of financial support at American International College:
•On-campus jobs •Loans from outsideAmerican International College •Athletic Awards •American International College-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
In addition to the cost of tuition, room and board, books, transportation and fees are also costs it consider when budgeting for college. Let's take a look at what impacts these costs, and what to expect at American International College.
Room and board at American International College is $15,130 a year. This number covers the cost of living in dorms or other on-campus housing, plus a meal plan that allows you to eat in the school dining halls. Students who do not live on-campus but would like to be able to eat in the campus dining can pay for a meal plan. The cost of board-only is $7,600.
Board costs can depend on the numnber of meals you intend to eat on-campus
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy used textbooks and materials.
The majority of colleges also have fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.
Keep in mind, there could also be additional fees associated with participating in certain activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges offer ways so that those with demonstrated need to get help covering these fees.
The cost of getting around in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or will you need to use busses, subways, or other modes of transportation? All of these factors can drastically impact your transportation budget. Keeping in mind, first-year students are not allowed to park a car on campus.
A school's location can impact transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in a city might be expensive, but there may be more buses, trains or low-cost flight options to actually get to school. American International Collegeis in a urban setting in Massachusetts.
When you're planning for college, be sure to leave some room in your budget for the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s go over all of the costs we've covered, to get a better estimate of what is really costs to go to American International College.
What will the cost of attending American International College be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$15,130|
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
|Total Estimated Costs|
The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.
The majority of American International College undergrads use financial aid to finance their education. In 2022, 1,328 of the 1,372 undergrads enrolled received financial aid. American International College meets 70% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $26,137 a year. Around 89% of American International College undergrads take out student loans to cover any remaining costs. American International College graduates who have student loans graduate with an average of $35,587 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for American International College Students|
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on American International College financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2022, American International College awarded 1,320 need-based scholarships to students, giving away total of $23.3 million to help students with financial need cover the cost of school. An additional $2.04 million in merit-based scholarship money was awarded to students without demonstrated financial need.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for American International College students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at American International College was $26,137 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of American International College seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending American International College really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the American International College's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.
Check the financial aid website for more information on payment plans and tuition waivers.
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