American University
4 Year Degrees
Main Campus
Mid East Region
http://www.american.edu/
Average Annual Tuition at American University
The latest data we have for American University's annual average net costs are from 2021. These costs and and the average District of Columbia schools include tuition, fees, living expenses, books, and fees minus the average grants and scholarships for federal financial aid recipients.
| In-state Tuition | Out-of-state Tuition | Median Debt | Avgerate Net Cost | |
|---|---|---|---|---|
| American University | $53,889 | $53,889 | $22,750 | $40,088 |
| DC Average | $34,537 | $34,537 | $24,579 | $26,035 |
As you can see, annual costs at American University have risen over the last few years, and are projected to continue to skyrocket based on our analysis.
Actual Costs Projected Costs
Colleges and universities across the United States experienced cost (tuition + living) increases of 2.5% in 2019. This most recent inflation figure was down slightly from the 2.9 percent in 2018 and 3.4 percent in 2017, but still underscores the rising costs of sending your children to higher education.
These rising costs are hitting closer to home in District of Columbia as well. District of Columbia's' higher education costs rose by 0% in just the last 10 years, ranking as the 0th highest state.
American University Financial Assistance
34% of students enrolled at American University receive some form of Federal loan assistance. You can view American University's student aid calculator here.
Use a 529 Plan to Offset Rising Education Costs
One of the most sound investments you can make to help pay for your child's higher education is by using a 529 plan. These funds grow in a tax-free environment, and generally have a 3-5% rate of return. The only catch is that all funds need to be used for higher education, and if not... there are monetary penalties imposed when withdrawn for other uses.
Ascensus College Savings took over the management of the DC College Savings Plan in March 2017. The program was formerly sold nationally through financial advisors and on a load-waived basis to District of Columbia residents. The plan is now sold nationally on a direct-sold basis only and features a menu of age-based and static portfolio options featuring funds from a number of fund families.
| State Plan Name: | DC 529 College Savings Program |
|---|---|
| Minimum Contribution: | $25 |
| Maximum Contribution: | up to $500,000 across qualified accounts for a single beneficiary |
| Fees: | 0.25% asset management fee; 0.05% state administrative fee; $10 annual maintenance fee for D.C. residents; $15 annual maintenance fee for non-residents; The annual maintenance fee gets waived on accounts totaling $15,000 or more. |
District of Columbia School Statistics
We've analyzed all other higher education schools in DC, and wrapped it up nicely into a report for you. View our DC analysis report.
There are 15 other accredited private schools located in the state of District of Columbia. You can view all DC schools here.