A
Private 4 Year

Amridge University Tuition & Cost

Montgomery, Alabama

 1 Reviews

How much does it cost to attend?

Sticker Price
$19,050
Costs for Amridge University
Fee Cost
Tuition$6,000
Books and Supplies$900
Other Fees$950
Estimated Off Campus Cost of Living $9,600
Other Expenses Budget$1,600

Annual Prices

The annual list price to attend Amridge University on a full time basis for 2018/2019 is $19,050 for all students regardless of their residency. This fee is comprised of $6,000 for tuition, $9,600 room and board, $900 for books and supplies and $950 for other fees. Out of state tuition for Amridge University is $6,000, the same as Alabama residents.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend Amridge University when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$3,905
Net Price by Income Amridge University
Family Income Net Price Paid
$0 to $30,000$8,705
$30,001 to $48,000n/a
$48,001 to $75,000n/a
$75,001 to $110,000n/a
$110,000+n/a

The average reported annual net price for Amridge University for students receiving grants or scholarship aid was $3,905 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

100% of full-time undergrad Amridge University received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $6,095 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 100% of students received Federal Student Loans averaging $439.

Finanical Aid Amridge University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $6,095 100%
Institutional Grants and Scholarships $0 0%
Pell Grants $6,095 100%
Other Federal Grants $0 0%
State and Local Grants $0 0%
Federal Student Loans $439 100%
Other Student Loans $0 0%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Amridge University, we've modeled a ten year student loan with an original principal value of $32,936. The loan balance of $32,936 is a four year multiple of the $8,234 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $314 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $32,936
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $314.25
Total Interest Paid $4,773.49
Sum of All Loan Payments $37,709.49

Projected 4 Year Degree Price

4 Year Sticker Price
$76,200
Year All Residents
1 $19,050
2 $20,384
3 $21,810
4 $23,337

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Amridge University to be $76,200 - assuming graduation in normal time. The estimation assumes a 7% annual increase over the next 4 years which is the national trend.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Amridge University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $430 $1,290 $1,720

Estimated cost for a class at Amridge University based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Amridge University versus other colleges.

Tuition Payment Plans Available

Amridge University Payment Plans
Tuition Payment Plan No
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan Yes

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=100690 IPEDS survey data for Amridge University.