Number Received Financial Aid (All Undergraduate)
480
Percent Received Financial Aid(All Undergraduate)
84%
Average Aid Amount
$3,839
Number Received Financial Aid (Freshmen)
157
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at American Institute-Somerset
For the academic year 2021-2022, a total of 480 students (84% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $3,839. For freshmen (Full-time, first-time degree-seeking undergraduate students), 157 students (100% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at American Institute-Somerset is $19,495, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 480 students (84% of all students) have received grants or scholarships and the average received aid amount is $3,839. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at American Institute-Somerset for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 480 | 84% | $3,839 |
| Pell Grants | 474 | 83% | $3,554 |
| Federal Student Loans | 503 | 88% | $7,967 |
Beginning Students Financial Aid
a total of 157 beginning students (100% of all freshmen) have received any financial aid and 157 students (100% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at American Institute-Somerset.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 157 | 100% | - |
| Grants or Scholarship from All Sources | 135 | 86% | $3,995 |
| Federal Grants | 135 | 86% | $3,953 |
| Pell Grants | 135 | 86% | $3,844 |
| Other Federal Grants | 103 | 66% | $143 |
| State/Local Grants | 1 | 1% | $2,000 |
| Institutional Grants | 1 | 1% | $3,653 |
| Student Loans | 156 | 99% | $9,304 |
| Federal Student Loans | 142 | 90% | $8,059 |
| Other Student Loans | 103 | 66% | $2,981 |
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