AAMI is committed to helping students fund their education through a wide range of financial aid options.
Whether you’re just starting your journey or returning to school, our Financial Aid Office is here to guide you through your options and ensure you make the most of every available opportunity.
Federal Financial Aid Programs
AAMI participates in several federal aid programs administered by the U.S. Department of Education. Below is a breakdown of the most commonly used aid types.
Federal Pell Grant
TypeGrant (does not need to be repaid)
CoversTuition, fees, and educational expenses
Award AmountUp to $7,395 annually based on need and SAI
EligibilityFor students without a bachelor’s or advanced degree
NoteLimited to 12 full-time semesters
Federal Parent Plus Loan
TypeLoan (must be repaid by parent)
CoversUp to full Cost of Attendance, minus other aid
RequirementsParent must complete PLUS loan application and sign MPN
NoteFor dependent students
Federal Direct Subsidized & Unsubsidized Loans
TypeLoan (must be repaid)
CoversTuition, fees, and educational expenses
RequirementsEnroll in at least 6 credits, complete entrance counseling, and sign a Master Promissory Note (MPN)
Annual Limits- Dependent students: $5,500 (max $3,500 subsidized)
- Independent students: $9,500 (max $3,500 subsidized)
- Dependent: $31,000
- Independent: $57,500
How To Apply For Financial Aid
All students must submit the Free Application for Federal Student Aid (FAFSA) each academic year at studentaid.gov.
You will need the following:
- Your federal income tax return and W-2s
- (If dependent) Your parent’s tax return and W-2s
- Additional income records (child support, Social Security, etc.)
You’ll receive a Student Aid Report (SAR) from the Department of Education, followed by a customized email from AAMI with your next steps.
Important: Students using financial aid to pay for tuition must apply at least 6 weeks before the semester start date. The final deadline for financial aid for a given year is June 30.
Academic & Federal Eligibility Requirements
To qualify for federal financial aid at AAMI, you must meet both academic and federal eligibility criteria.
These requirements help ensure that all aid recipients are enrolled in an approved degree program and are making consistent progress toward graduation.
Establishing Financial Aid Eligibility
- Be a U.S. citizen or eligible noncitizen
- Have a valid Social Security number
- Be enrolled in the AAMI Associate Degree Program (minimum 6 credits per term)
- Maintain Satisfactory Academic Progress (SAP)
- Not be in default or owe a refund on any federal aid
Maintaining Financial Aid Eligibility
- You must meet academic progress standards for GPA and course completion
- Attendance is required in at least 80% of scheduled hours per course
- Online students must show active participation, such as submitting assignments or taking exams
- Logging in without engaging in academic activity does not count as attendance
Have Questions About Financial Aid Or Ready To Apply To AAMI?
Our Financial Services Office is here to help you understand your aid options and guide you through the process step by step. Whether you’re sorting out eligibility or ready to begin your education in funeral service, we’ll make sure you have the support you need to move forward with confidence.