In 2021, tuition for full-time students at American University was $50,542 a year.
Tuition was the same price in 2021 as it was the year before. On average, college tuition rises about 3%ba year.
If these numbers sound impossible, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students pay a lot less than the sticker price after grants, scholarships, and tuition discounts kick in. Additionally, student loans can make theactual cost of attending college more manageable until you're done with college.
American University is a private, religious institution, so it has the same tuition for students from DC as it does for students who live in other states.
Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency..
Choosing a college where you qualify for in-state residency can cut the cost of college tuition. Don't forget to confirm your state's requirements for in-state tuition. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be other criteria too, depending on the state you and your parents currently live in.
American University has the same tuition for international students as for those from out of state.
Students from outside of the U.S. are not eligible 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 University:
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
In addition to 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 University.
Room and board at American University costs $10,096 a year. This covers the cost of living in dorms or other on-campus housing, and a meal plan that allows you to eat in the American University's on-campus cafeterias and 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 a mean plan, or board-only, is $10,096.
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 and supplies depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
The majority of colleges also have fees to help cover the cost of facilties, like the library, gym and computer labs. Full-time undergrads at American University can expect to pay around $792 in fees every year they are enrolled.
Keep in mind, there could also be optional fees associated with participating in certain activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Many schools offer ways for students with demonstrated need to get help covering these fees.
The total cost of transportation in college can really vary. Will you take a subway, car or an airplane to get to school?. Is on-campus parking free, or will you need to budget for parking? Is the campus walkable? Do you own a car, or are you planning to use public transportation? All of these factors can make a big difference in your transportation budget. Keeping in mind, first-year students are not allowed to park a car on campus.
A school's location can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in a city is sometimes costly, but there may be more buses, trains and affordable flights to actually get to school. American Universityis located in a suburban setting in DC, not far from Washington.
When estimating your budget for college, don’t forget to take into account the cost of things like entertainment, clothes, furnishings and toiletries.
Now, let’s do a rundown of all of the costs associated with college, to get a better estimate of what is really costs to go to American University.
|2021 Total Tuition and Expenses|
|Room and Board||$10,096|
|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.
American University’s tuition and fees change based on: Course load for both full and part-time students
In 2021, 3,094 of the 7,953 undergrads enrolled received financial aid. American University meets 75% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $40,025 a year.
|Most Common Loans for American University 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 University 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 2021, American University awarded 2,849 need-based scholarships to students, giving away total of $82.6 million to help students with financial need cover the cost of school. An additional $21.63 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 University 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 University was $40,025 in 2021. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of American University seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending American University 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 University'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.
American University does not have guaranteed tuition.
American University offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.
American University has some full or partial tuition waivers available for: - Employees or Children of Employees
Check the financial aid website for more information on payment plans and tuition waivers.
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