A
Private 4 Year

American Institute of Business Tuition & Cost

Des Moines, Iowa

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How much does it cost to attend?

Sticker Price
$23,988
Costs for AIB College of Business
Fee Cost
Tuition$15,300
Books and Supplies$1,584
Other Fees$366
Room and Board $4,935
Other Expenses Budget$1,803

Annual Prices

The annual list price to attend AIB College of Business on a full time basis for 2018/2019 is $23,988 for all students regardless of their residency. This fee is comprised of $15,300 for tuition, $4,935 room and board, $1,584 for books and supplies and $366 for other fees. Out of state tuition for AIB College of Business is $15,300, the same as Iowa 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 AIB College of Business when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$12,440
Net Price by Income AIB College of Business
Family Income Net Price Paid
$0 to $30,000$11,192
$30,001 to $48,000$11,217
$48,001 to $75,000$12,733
$75,001 to $110,000$14,477
$110,000+$16,870

The average reported annual net price for AIB College of Business for students receiving grants or scholarship aid was $12,440 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

98% of full-time undergrad AIB College of Business received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $11,044 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 66% of students received Federal Student Loans averaging $4,602 and 7% of undergrads took out private student loans averaging $10,971.

Finanical Aid AIB College of Business
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $11,044 98%
Institutional Grants and Scholarships $7,635 94%
Pell Grants $3,749 44%
Other Federal Grants $459 9%
State and Local Grants $3,962 49%
Federal Student Loans $4,602 66%
Other Student Loans $10,971 7%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to AIB College of Business, we've modeled a ten year student loan with an original principal value of $41,880. The loan balance of $41,880 is a four year multiple of the $10,470 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 $400 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 $41,880
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $399.58
Total Interest Paid $6,069.77
Sum of All Loan Payments $47,949.77

Projected 4 Year Degree Price

4 Year Sticker Price
$95,952
Year All Residents
1 $23,988
2 $25,667
3 $27,464
4 $29,386

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at AIB College of Business to be $95,952 - 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 AIB College of Business
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $283 $849 $1,132

Estimated cost for a class at AIB College of Business 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 AIB College of Business versus other colleges.

Tuition Payment Plans Available

AIB College of Business Payment Plans
Tuition Payment Plan Yes
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=152822 IPEDS survey data for AIB College of Business.