Tuition and Financial Aid
Business@American students are charged tuition on a per-credit-hour basis and the current rate of tuition for the October 2020 through July 2021 classes is $1,812 per credit hour. The number of credits varies by program:
|Program||Required Credit Hours|
|MBA||48 credit hours|
|MS in Analytics||33 credit hours|
|MS in Marketing Analytics||33 credit hours|
|MS in International Relations and Business||36 credit hours|
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.
Beginning in July 2019, the Kogod School of Business online programs have an academic calendar split into four individual 11-13 week terms in July, October, January, and April. For each term, students must be enrolled at least half time (3 credits) to be eligible for Federal Direct 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 term in which you are enrolled at least half-time.
Be sure to use the correct academic year when applying. For example, the January 2019 through June 2019 is part of the 2018-2019 academic year. July 2019 is part of the 2019-2020 year. You must submit a new FASFA each year to continue to receive Federal student aid.
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.
Continuing students will receive their notification letters via the student portal in late June after April term 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 Federal Direct Loan as well as any federal or institutional grant funding.
Typically, graduate students are eligible for $6,833 per term from the Federal Direct Unsubsidized Loan as long as they are enrolled at least half time. Half time is defined as 3 credits per term beginning with the July 2019 term. 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 from the Federal Direct Unsubsidized Loan 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 Federal Direct Unsubsidized Loan to pay, you must accept the Federal Direct Unsubsidized 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.
Federal Direct Graduate PLUS Loan
Graduate students may be eligible for the Federal Direct Graduate PLUS Loan to assist in defraying additional educational expenses not covered by the Stafford Loans. The Federal Direct Graduate 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 Federal Direct Graduate 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 Federal Direct Unsubsidized Loan and the Federal Direct PLUS Loan.
Satisfactory Academic Progress (SAP)
The Federal government requires that you be maintaining Satisfactory Academic Progress (SAP) towards the completion of your degree program. In general, this requires that you maintain a cumulative GPA of at least 3.0, complete two-thirds of all attempted credits, and complete your degree program within the maximum timeframe as defined in the AU academic regulations. The AU Financial Aid Office will evaluate your SAP at the end of your program’s April term once all grades have been recorded in your academic record. To review AU’s complete SAP policy, visit our website.
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.
Tax Benefits for Education
For information regarding 1098T Tax Forms and Tax Benefits for Education, please visit the information links listed below.
Request more information about Business@American.