Tuition and Financial Aid
Business@American students are charged tuition on a per-credit-hour basis and the current rate of tuition for the 2016-17 academic year is $1,579 per credit. MBA@American is a 48-credit program. Analytics@American is a 33 credit program. Please visit this PDF to view cost of attendance for these online programs per module. Tuition costs are subject to increase each academic year. The 3-credit Bridge to Business course will count as additional credits to the required degree credit requirements, and tuition rates apply.
Admitted students are required to submit a nonrefundable $1,000 enrollment deposit by the appropriate deadline. The enrollment deposit is credited toward students’ tuition in their first term.
Kogod School of Business - MBA/ANLT
For the Kogod School of Business online MBA and Analytics programs, there are two semesters (fall and spring). Each semester is broken into primarily two sets of module courses beginning at the start of the semester and the midpoint of the semester. There is NO summer for the Kogod online program. Each semester, students must be enrolled at least half time (5 credits) to be eligible for federal Stafford Loans. Due to the nature of the modular courses, please contact our office if you are considering dropping a course so we can better assist you in determining impacts to aid.
Graduate students enrolled at least half time in a master's or PhD program may be eligible for federal loans and/or federal work study. Graduate students enrolled in online programs are ineligible for federal work study.
To apply, students must submit the Free Application for Federal Student Aid (FAFSA). The FAFSA will be reviewed on a rolling basis as it is received. It is recommended that the FAFSA be completed by May 1 each academic year. FAFSAs should be submitted no later than 30 days prior to the end of the academic semester in which you are enrolled at least half-time.
**New for 2017–18 — the FAFSA is already available. You can log into the FAFSA website now to submit the FAFSA for the 2017–18 academic year. The FAFSA will continue to be available from this point on in October for the following academic year.**
Merit scholarships are awarded by the academic departments.
The Financial Aid Office does not administer these awards. Please visit your school's merit scholarship web page or contact their admissions office for further information.
Complete your FAFSA online.
Be sure to list the American University (AU) FAFSA code, 001434, in the college release section. (A limited supply of paper FAFSA forms is available from the AU Financial Aid Office, if you prefer.)
Continuing students will receive their notification letters via the student portal in late June after spring grades have been received and reviewed. Missing grades may delay the arrival of your award letter.
You may be asked to download and complete a Verification Worksheet or other documentation as needed to complete your aid application. Do not complete these forms unless asked to do so by the Office of Financial Aid.
Graduate students are ineligible for the Subsidized Stafford Loan as well as any federal or institutional grant funding.
Typically, graduate students are eligible for $10,250 per semester in Unsubsidized Stafford Loans as long as they are enrolled at least half time. Half time is defined as 5 credits for fall and 5 credits for spring. If your program has a summer semester, 2 credits is considered half time. Eligibility for the unsubsidized loan is determined based on information on the FAFSA as well as loan history found in the National Student Loan Database System (NSLDS).
Please note that graduate students may not borrow more than $138,500 in Stafford Loans throughout the entirety of their academic careers. You may view your Stafford Loan history at the National Student Loan Data System.
In order for your loan to pay, you must accept the loan through the myAU portal. Complete the Master Promissory Note (MPN) and Entrance Counseling on the federal website after accepting the loan. Please use your FSA ID and password to access the site and complete the required paperwork.
Grad PLUS Loan
Graduate students may be eligible for the Graduate PLUS loan to assist in defraying additional educational expenses not covered by the Stafford Loans. The Grad PLUS loan is a credit-based loan from Direct Loans and requires an additional MPN, if approved. Learn more about this loan or apply. If approved by the lender, graduate students are eligible for up to the total cost of attendance minus all other aid received. In order for the PLUS loan to pay, you must complete both the Master Promissory Note (MPN) and Entrance Counseling for this loan. Be sure to complete the correct documents on the lender website as there will be options for both the unsubsidized loan and the Graduate PLUS loan.
Satisfactory Academic Progress (SAP)
SAP is run at the end of your program’s spring semester. For most students this will occur at the end of April/early May after all spring grades are reported. Our office will conduct a review, and awards for the following academic year will reflect a student’s SAP standing. Graduate students must maintain a cumulative GPA of a 3.0, complete 2/3rds of attempted cumulative course work and complete the degree program within the maximum time frame as defined in the AU Academic regulations. Please carefully read our complete SAP policy for additional information and questions.
More information on applying for federal loans can be found on our Graduate Students webpage.
Students may qualify for select competitive awards offered by the university in addition to other awards available from each program.
The Office of Graduate Studies at American University is accepting applications for The United Methodist Graduate Scholarship for full-time1 online graduate students. Annual scholarship amounts are as much as $7,000 per recipient and awards are given on an academic year basis. The application period for the award has not yet been set. Learn more information by visiting The Office of Graduate Studies online or contacting an Admissions Counselor.
Tuition Payment Plan
American University offers the American Payment Plan (APP) to students in the fall and spring terms as an alternative to paying your bill in full at the start of each term. Learn more about APP here.
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1A student is considered full-time with a course load of at least 18 credit hours per year including Summer semester↑