Amridge University Financial Aid and Scholarships
Students Receiving Aid
89%
Total Aid Amount
$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%.
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