New Jersey students paid $18,495 to attend the private for-profit school in both the 2017-18 and 2018-19 academic years.
Data shows 99 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 99 students received grants or scholarships totaling $362,899 and 100 students took out student loans totaling more than $935,763.
Including all undergraduates (200), 155 students used grants or scholarships totaling $578,265, and 147 students took out $1.1 million in federal student loans.
The cost of attending
| Enrollment | 2015-16 | 2016-17 | 2017-18 | 2018-19 | Change in tuition and fees 2015-16 to 2018-19 | |
|---|---|---|---|---|---|---|
| In-state | 200 | $0 | $0 | $18,495 | $18,495 | Inf% |
Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the American Institute-Somerset in 2015-16.| Type of Aid | Number of students receiving aid | Percent receiving aid | Total amount of aid received | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 96 | 90% | $274,745 | $2,862 |
| State / local grant or scholarship | 8 | 7% | $27,200 | $3,400 |
| Institutional grants or scholarships | 11 | 10% | $60,954 | $5,541 |
| Grant or scholarship aid total | 99 | 93% | $362,899 | $3,666 |
| Federal student loans | 90 | 84% | $745,255 | $8,281 |
| Other student loans | 91 | 85% | $190,508 | $2,093 |
| Student loan aid | 100 | 93% | $935,763 | $9,358 |
| Total student aid | 106 | 99% | - | - |
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