At American National University (ANU), we recognize the fact that many students need some type of financial assistance in order to make this initial investment in their futures.
To help meet these needs, American National University funded awards of more than $6.3 million, distributed among more than 3,000 students, in award year 2018 – 2019.
FAFSA School Codes for American National University & National College
Kentucky: 010489 and 003726
All Other States: 003726
Financial Aid Solutions Tailored to the Individual Student
To ensure that qualified and deserving applicants are given adequate financial aid, our student services representatives sit down individually with prospective students to identify available sources of financial assistance; some through the federal or state government and others through the University. Our student services representatives are committed to supplying possible funding solutions for those who qualify.
Before meeting with a student services representative, be sure to fill out a Free Federal Application for Student Aid (FAFSA) online at: https://www.fafsa.ed.gov. For more information, see our Applying Page or call your student services representative today.
Use the U.S. Department of Education’s Net Price Calculator to estimate academic costs at our institution.
The Yellow Ribbon GI Education Enhancement Program (The Yellow Ribbon Program) is a provision of the Post9/11 Veterans Educational Assistance Act of 2008. This program allows institutions of higher learning (degree granting institutions) in the United States to voluntarily enter into an agreement with VA to fund tuition expenses that exceed the highest public in–state undergraduate tuition rate. The institution can contribute up to 50% of those expenses and VA will match the same amount as the institution. Institutions that voluntarily enter into a Yellow Ribbon Agreement with VA choose the amount of tuition and fees that will be contributed. VA will match that amount and issue payment directly to the institutions. Most times this is done during the summer term when VA funding has reached its maximum during the year.
Application:Military services students with military education assistance funding are evaluated for eligibility during financial aid appointments.
Award:The grant will be awarded up to 50% of the Chapter 33 tuition payment.
BLUE RIBBON GRANT
The Blue Ribbon Grant is designed to recognize and assist veterans, active–duty military personnel, spouse and dependents by providing additional grant funds upon the exhaustion or expiration of military education benefits to support the individual to enhance their educational benefits.
Eligibility:American National University provides a grant of up to 35% of the total amount that is paid toward the direct cost of education on behalf of an individual qualified by the Veterans Administration under Chapter 30, 31, 33, 35, 1606, Military Tuition Assistance or State National Guard. (MYCAA recipients are not eligible)
Application:See the Financial Aid Office staff for an application
Award:Eligible students may accumulate up to a maximum of $18,000 to extend or complete their programs of study, or assist a current spouse or qualified dependent at American National University. Once earned the accumulated grant amount may be utilized to pay tuition and fees at American National University in any academic program or degree level. The grant can be used in any program or degree level and the grant funds must be used within 10 years of the last day of the term the Blue Ribbon Grant was earned.
The military student earning the grant may elect to transfer the earned grant to a current spouse or qualified dependent under the age of 30. In the event of such transfer, the grant will be considered earned, transferable, and payable toward the transferee spouse or qualified dependent’s account following the completion of any term in which the military student’s benefits are paid toward the transferor’s tuition and fees.
PRIVATE LOAN SUPPLEMENTAL GRANT
The American National University Private Loan Supplemental Grant assists students who utilize private loan funds to finance their tuition and fee costs at American National University.
Eligibility: American National University students who are financing such costs with private loan funds may qualify. The grant amount depends upon the number of courses financed by the private loan funds. Students who are taking Federal Direct Loans will not quality for this grant.
Application Process: Students are reviewed for eligibility at the time the institution becomes aware of their private loan.
Award: The maximum grant amount is equal to 40% of the amount of the private loan required to fund their education. The University has allocated $600,000 to fund this grant program for the 2019–2020 award year. Continued eligibility is determined at the time of reapplication.
The Business Partnership Grant was designed to provide additional assistance to students receiving employer tuition assistance, who are attending the University in order to obtain new job skills or to upgrade existing job skills
Eligibility: Eligible students are identified through association with a company that has entered into a tuition assistance agreement with the University. Continued eligibility is dependent on the continued receipt of employer tuition assistance. This award is not available to those who are enrolled as international students.
Application Process: Eligible students and their employers will complete the Business Partnership Grant application, available at the Financial Aid Office, and will return the completed application to the Financial Aid Office.
Award: Awards are made up to $1 for every $2 of employer tuition assistance received, limited to the amount of unpaid tuition costs. For the four–year period beginning June 1, 2014, American National University has allocated $2,000,000 for this grant.
WORKFORCE DEVELOPMENT GRANT
The Workforce Development Grant is awarded and funded by American National University. It is designed to assist eligible displaced or disadvantaged students in financing an education to help them enter or reenter the workforce or to transition into another career.
Eligibility: Eligibility is based on a student’s status as dislocated or disadvantaged, as determined through their association with local, state, or federal job training programs such as WIOA or TAA; the amount of a student’s remaining tuition and fees after the application of other aid; and the availability of grant funds. Students are required to utilize grant and scholarship funding available through local, state, and federal sources such as WIOA, TAA, Pell, SEOG, etc., institutional grants and institutional scholarships before they may be considered for the Workforce Development Grant. Students may receive this grant for subsequent years if eligibility criteria are met.
Award: If eligibility is established, awards are made annually, in an amount not to exceed $7,500 or the amount of a student’s remaining tuition and fee costs after the application of other financial aid, whichever is less. No more than $1,500 will be awarded per term.
HEALTH INFORMATION MANAGEMENT ALUMNI SCHOLARSHIP
The Health Information Management Alumni Scholarship has been established to assist the graduates of the American National University’s Medical Billing and Coding diploma program who are pursuing their Associates Degree in Health Information Management at ANU.
Eligibility: Students must be enrolled for the term immediately following the completion of their current program of study. Students receiving the Health Information Management Alumni Scholarship will maintain their eligibility as long as they remain continuously enrolled.
Awards: The total scholarship of $1,125 per term and a $4,500 lifetime maximum per student.
The International Tuition Deposit Grantis designed to reward new international students who continue their education past the first term of studies. The purpose of the grant is to help international students to continue to work towards reaching their goal of obtaining a career education.
Eligibility: Each calendar year, new incoming international students who are enrolled in a program of study at American National University, have completed the first term and enrolled for the second term, qualify for this one–time grant, subject to availability of funding as described below.
Application Process: There is no application process for this grant. All new incoming international students who start their second term of study are eligible.
Award: Eligible students will be awarded the one–time grant amount up to the amount paid by the student for Matriculation fees. Grant payments are applied directly to students’ tuition and fee charges on their student accounts.
Continued Eligibility at American National University: No continued eligibility as this is a one–time grant.
The award year for the grant is defined as July 1st to June 30th. The total amount of funds allocated by American National University for the grant is $500,000 each award year. The availability of the grant will be evaluated at the end of each calendar year.
To recognize the globalization of this institution as we near the end of the second decade of the 21st century, the Board of Directors has established the globalization scholarship. This scholarship establishes a fixed all–inclusive tuition rate for all graduate–level students enrolled at the institution beginning with the term 197 and continuing for all graduate students who enroll at the institution through October 27, 2020. The tuition rate of $304 per credit hour is hereby established for all students who are enrolled for Term 197 and subsequent terms through the end of October 2020. The parameters of the scholarship are applicable to any students who starts or continues their enrollment in any terms beginning at Term 197 or later, but before October 27, 2020. This tuition rate will remain in effect for those students during their continuous enrollment in the same program until their completion. This tuition rate includes all required technological fees, graduation fees, ancillary institutional charges, and books. Other than the University Transfer Scholarship, no other institutional scholarships will be applicable to a student who is eligible for the Globalization Scholarship. To remain eligible for the scholarship, students must remain continuously enrolled on at least a part–time basis and must abide by all institutional policies, both academic and financial, during their term of enrollment.
UNIVERSITY TRANSFER SCHOLARSHIP
The University Transfer Scholarship is designed to enhance collaboration between educational institutions and facilitate continued higher education for international students. It is offered to students from Universities and Colleges or English as a Second Language programs within the United States who transfer their I‐20 to American National University. The scholarship is a one‐time award of $1,000, credited to the student’s account their first term of enrollment, and is non‐renewable. This scholarship may be combined with the Globalization Scholarship and is available to students who enroll prior to October 12, 2021
NEW – UNIVERSITY PARTNERSHIP SCHOLARSHIP
The University Partnership Scholarship is designed to enhance collaboration between educational institutions and facilitate continued higher education for students. It is offered to students from Universities and Colleges outside of the United States with whom American National University has signed a Memorandum of Understanding and certain Program Agreements. The agreements either relate to joint programs or to the acceptance of academic credits earned in certain other specific programs.
Initial Eligibility: Each calendar year, international students who have met the following criteria may qualify for this scholarship:
Have completed the portion of the joint program or completed specific programs as indicated in the Memorandum of Understanding and Program Agreements; and
Be enrolled in a designated program of study at American National University as specified by the signed agreements between both educational institutions.
Application Process: The application process consists of the submission of the following to an International Admissions Officer:
A completed American National University international student application and application fee
A letter by the University or College with which American National University has a Memorandum of Understanding and Program Agreements.
Award: Eligible students will be awarded $305 per course for each degree level – Associate’s, Bachelor’s and Master’s as determined in the Memorandum of Understanding and Program Agreements. Scholarship payments are applied directly to students’ tuition and fee charges on their student accounts.
Continued Eligibility at American National University: Continued eligibility (from term to term and level to level), is contingent on students’ continuous enrollment at the university. However, students who have had an interruption in their attendance due to a return to their home country for Visa purposes or health issues may have the requirement for continuous enrollment waived and be eligible to receive the remainder of their award. Such students should discuss their situations with their Campus Director who will forward the information to the Regional Vice President of Operations who will make the final determination of eligibility. The certification of receipt of the University Partnership Scholarship will be based upon the date that the application for admission is received by an International Admissions Officer. The award year for the scholarship is defined as July 1st to June 30th. The total amount of funds allocated by American National University for the scholarship is $305,000 each award year. The availability of the scholarship will be evaluated at the end of each calendar year. This scholarship cannot be combined with any other grants or scholarships including the Partnership for International Education Scholarship.
This grant has been established by American National University to provide administrators, at the direction of the President, with the ability to assist students in overcoming financial barriers to program completion, including but not limited to students who have experienced a reduction in eligibility for Title IV funds, students who are not eligible for Title IV funds, students whose schedules have created undue financial hardships, and students for whom a financial barrier due to a prior withdrawal from enrollment exists. It is the intent of the University in establishing this grant that its parameters be construed as widely as necessary to effectuate the goal of reducing financial barriers to enrollment, re–enrollment, and program completion.
This program was established for undergraduate students with financial need who have not completed a first bachelor’s or graduate degree. Eligibility is determined according to a formula established by the federal government. $6,195 is the 2019–20 Federal Pell Grant Scheduled Award for a full time student. Eligible students who attend less than full–time or who attend less than the full award year are eligible to receive a reduced award. Beginning with the 2019–20 award year, eligible students may receive up to 150 percent of their Federal Pell Grant Scheduled Award. To be eligible for the additional Pell Grant funds, the student must be enrolled at least half–time in the payment period(s) for which the student receives the additional Pell Grant funds in excess of 100 percent of their scheduled award.
Students apply for this program by filing the Free Application for Federal Student Aid (FAFSA). The completion of the FAFSA results in the calculation of an Expected Family Contribution (EFC)*, which is used along with other factors to determine the student’s eligibility for this grant. These factors include the academic year structure of the University, the student’s enrollment status, and cost of attendance. Pell eligible students may receive no more than the equivalent of 12 semesters of full time Pell disbursements during their lifetime. The amounts received under the 150 percent provision will be included in determining the student’s Pell Grant duration of eligibility and Lifetime Eligibility Used. Additional eligibility requirements for future award years will depend on the federal rules in place at that time.
*An increased Pell amount is awarded to otherwise Pell–eligible children of soldiers whose parent or guardian died as a result of U.S. military service in Iraq or Afghanistan after September 11, 2001, if the student was less than 24 years old when the parent or guardian died or was enrolled at an institution of higher education at the time of the parent or guardian’s death, and who has a Pell–eligible EFC other than 0.
IRAQ AND AFGHANISTAN SERVICE GRANT
This program was established for non–Pell Grant eligible children of military personnel killed as a result of service in Iraq or Afghanistan after September 11, 2001, if the student was less than 24 years old when the parent or guardian died or was enrolled at an institution of higher education at the time of the parent or guardian’s death, and who meets all other criteria for Pell Grant eligibility. Awards are made under the same terms and conditions as for Pell Grant and disbursements are calculated in the same manner as for Pell Grants.
FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT
This program was established for undergraduate students with exceptional financial need. Priority is given to Federal Pell Grant eligible students with the lowest Expected Family Contribution (EFC) figures (based on the federal formula). Awards are made in the amount of $150 for each term of the award year. Students apply for this program by filing the Free Application for Federal Student Aid (FAFSA) by the deadlines published each year (see below). No funds will be awarded to students who apply past these deadlines.
FEDERAL WORK STUDY PROGRAM
This program provides part–time employment for students with financial need. Jobs are available on and off site, providing student service and community service employment opportunities. Work schedules may not conflict with students’ class schedules. Employment under this program is dependent on the availability of federal funds. Applications for this program are available in the Financial Aid Office. Award amounts are determined based on the hourly rate and hours required for the FWS job, generally for the period of an academic year. Continued eligibility depends upon federal rules and guidelines in place for each year.
FEDERAL DIRECT LOANS
Direct student loans are made available to students attending college on at least a half–time basis through the William D. Ford Federal Direct Loan Program (through which the federal government provides funds). Within this program, there are two types of loans – subsidized loans (those subsidized by the federal government) and unsubsidized loans. A student may qualify for one or both depending on the student’s need and other factors. In general, the federal government pays interest on subsidized loans until repayment begins and during authorized periods of deferment. However, this benefit does not apply to all borrowers. See the Financial Aid Office or refer to “Do You Need Money for College 2019–20”, a Department of Education publication, or go to www.studentaid.gov to determine whether, and under what circumstances, the interest subsidy benefit applies to you. “Do You Need Money for College 2019–20” is available on the university website, Financial Assistance. Students with unsubsidized loans are charged interest from the time the loan is disbursed until it is paid in full. Maximum annual loan amounts range from $5,500 for first–year dependent students to $20,500 for graduate students. Graduate students are ineligible for subsidized loans but may borrow through the unsubsidized program. Note that, effective July 1, 2013, some students’ subsidized loan eligibility is limited to a time period equal to 150% of the length of their program. Please see “Do You Need Money for College 2019–20” or go to www.studentaid.gov for more information regarding annual and aggregate loan limits and other financial aid information. Interest rates, fees, and loan limits are subject to legislative changes that may affect continuing eligibility. Repayment is made in installments, generally beginning six months after a student leaves school or from the point his or her enrollment statusfalls below half–time. Please see the Repayment Success Office for further information. Students may apply and access loan application and entrance counseling at www.studentaid.gov. Note that Federal Stafford Loan information is submitted to the National Student Loan Data System, and information about the loans is accessible there to certain guaranty agencies, eligible lenders and eligible institutions of higher education. Students must complete entrance counseling prior to the disbursement of a loan to their student account.
FEDERAL DIRECT PLUS LOANS
Graduate students and parents of dependent students are eligible to apply through the PLUS Loan Program. Such loans are available for students attending the University on at least a half–time basis through the William D. Ford Federal Direct Loan program (through which the federal government provides funds). These unsubsidized loans enable borrowers to borrow up to the cost of attendance minus other aid received. Eligibility is determined, in part, upon the credit history of the borrower. Repayment is made in monthly installments until the loan is paid in full. Interest rates, fees, and loan limits are subject to legislative changes that may affect continuing eligibility. Additional information is available at www.studentaid.com. Graduate students must complete entrance counseling prior to the receipt of a loan disbursement. Parent borrowers in certain, limited situations may have to complete exit counseling as well. You may contact your Student Services Office for more information. Loan applications and entrance counseling is available at www.studenloans.gov “Do You Need Money for College 2019–20”, a Department of Education publication, provides more information regarding annual and aggregate loan limits. This may be accessed at the American National University website, Financial Assistance, along with other financial aid information. Note that PLUS Loan information is submitted to the National Student Loan Data System, and information about the loans is accessible there to certain guaranty agencies, eligible lenders and eligible institutions of higher education.
Not all students are eligible to borrow through the federal loan programs, and some students with financial need may prefer to participate in private loan programs. Accordingly, American National University participates with a variety of private lenders who make educational loans to students. The terms, loan limits and eligibility criteria vary between lenders, and the Student Services Office can assist in reviewing a student’s private loan options.
Additional information regarding the federal aid programs is available in the University Catalog or in the Financial Planning Office.