How AAMU's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Alabama A & M University since 2013.

For that period, the average number of students who received grants aid/scholarships is 4,100, which is 85.00 % of all undergraduate students. 3,508 students which is 73.67% of undergraduate students received federal student loans and the average loan amount is $7,524.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	3,379 (83%)	$7,316	2,980 (74%)	$4,587	3,356 (83%)	$7,992
2014-15	3,554 (84%)	$7,651	3,052 (72%)	$4,830	3,435 (82%)	$8,104
2015-16	3,651 (81%)	$7,686	3,171 (70%)	$4,617	3,454 (77%)	$10,095
2016-17	4,225 (87%)	$9,846	3,444 (71%)	$4,632	3,734 (77%)	$7,000
2017-18	4,401 (87%)	$9,704	3,561 (71%)	$5,005	3,781 (75%)	$7,027
2018-19	4,503 (88%)	$10,190	3,610 (70%)	$5,042	3,786 (74%)	$6,846
2019-20	4,600 (87%)	$9,872	3,741 (71%)	$5,324	3,957 (75%)	$7,109
2020-21	4,338 (85%)	$11,000	3,490 (69%)	$5,782	3,337 (66%)	$6,891
2021-22	4,246 (83%)	$10,797	3,338 (65%)	$5,519	2,733 (54%)	$6,652
Average	4,100 (85.00%)	$9,340	3,376 (70.33%)	$5,038	3,508 (73.67%)	$7,524

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 1,209 (87.44 % of students) received grants or scholarships and its average amount is $9,304. It can cover 49.93% of tuition & fees ($18,634) based on out-of-state rate.

In addition, 978 (71.33 % of students) students get helped from the students loans (average amount : $6,992).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	952 (89%)	$7,576	910 (85%)	$7,414
2014-15	1,124 (94%)	$8,245	977 (82%)	$7,431
2015-16	1,298 (88%)	$7,708	1,110 (75%)	$9,739
2016-17	1,212 (86%)	$8,057	1,051 (75%)	$6,301
2017-18	1,172 (91%)	$10,464	922 (72%)	$6,427
2018-19	1,219 (87%)	$10,891	997 (71%)	$6,446
2019-20	1,440 (85%)	$9,679	1,216 (72%)	$6,857
2020-21	1,280 (84%)	$11,047	905 (59%)	$6,164
2021-22	1,181 (83%)	$10,066	717 (51%)	$6,150
Average	1,209 (87.44%)	$9,304	978 (71.33%)	$6,992

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 988 (71.78 % of students) received Pell (federal) grants and its average amount is $5,136.

In addition, 42 students received State/local government grants/scholarships (3.00 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	857 (80%)	$4,818	62 (6%)	$2,009	15 (1%)	$1,250	519 (49%)	$5,666
2014-15	907 (76%)	$5,010	49 (4%)	$2,017	8 (1%)	$1,550	838 (70%)	$5,504
2015-16	1,086 (74%)	$4,692	68 (5%)	$1,865	22 (1%)	$1,102	828 (56%)	$5,747
2016-17	1,002 (71%)	$4,674	55 (4%)	$2,391	87 (6%)	$8,634	775 (55%)	$5,418
2017-18	909 (71%)	$4,957	61 (5%)	$2,054	62 (5%)	$7,281	870 (68%)	$8,255
2018-19	995 (71%)	$5,065	114 (8%)	$2,047	58 (4%)	$5,215	897 (64%)	$8,585
2019-20	1,169 (69%)	$5,485	109 (6%)	$2,159	44 (3%)	$1,326	915 (54%)	$7,904
2020-21	1,016 (67%)	$5,888	121 (8%)	$2,200	46 (3%)	$1,502	1,014 (66%)	$7,714
2021-22	955 (67%)	$5,639	85 (6%)	$1,993	36 (3%)	$1,989	822 (58%)	$7,617
Average	988 (71.78%)	$5,136	80 (5.78%)	$2,082	42 (3.00%)	$3,317	831 (60.00%)	$6,934

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 978 (71.33 % of students) get any students loan help and its average loan amount is $978.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	910 (85%)	$7,414	909 (85%)	$7,337	13 (1%)	$5,980
2014-15	977 (82%)	$7,431	966 (81%)	$7,391	20 (2%)	$6,027
2015-16	1,110 (75%)	$9,739	1,109 (75%)	$9,676	11 (1%)	$7,194
2016-17	1,051 (75%)	$6,301	1,046 (74%)	$6,131	24 (2%)	$8,736
2017-18	922 (72%)	$6,427	920 (71%)	$6,278	15 (1%)	$9,979
2018-19	997 (71%)	$6,446	992 (71%)	$6,307	18 (1%)	$9,498
2019-20	1,216 (72%)	$6,857	1,211 (72%)	$6,553	35 (2%)	$11,491
2020-21	905 (59%)	$6,164	905 (59%)	$6,164	-	-
2021-22	717 (51%)	$6,150	714 (50%)	$5,855	13 (1%)	$17,632
Average	978 (71.33%)	$6,992	975 (70.89%)	$6,855	19 (1.38%)	$9,567

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Scholarships, Grants, and Loan Trends at AAMU

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time