Tuition and Financial Aid

FINANCING YOUR EDUCATION

AUA is committed to supporting all students in finding a means to finance their education. For citizens of the Republic of Armenia and holders of Armenian special passports for special residency status, AUA provides an automatic subsidy off the total cost of their education. In addition, the University offers need-based tuition assistance to citizens of Armenia with demonstrated financial need that may discount the cost of education further by up to 90%. There are also a limited number of scholarships available for academically gifted students.

International students are eligible for merit-based scholarships that may cover up to 50% of tuition. The University also offers a range of other tools to help you finance your education. See below for more information.

A) Installment Payment Plan

A payment plan allows a student to pay his/her annual tuition in equally disbursed installments prescribed by the education contract.

B) Flexible Payment Plan

This options allows the student to cover the annual tuition in 10 or 12 installments prescribed by an amendment to the main education contract.

C) Loans

American University of Armenia has teamed up with Byblos Bank Armenia to offer heavily subsidized student loans for its graduate students and undergraduate students in their junior and senior years of study.

D) Deferred Payment

A deferment is a temporary period during which a student is not required to make tuition payments. Deferments allow a student to temporarily suspend part of their tuition payments for a specified period of time, prescribed by an amendment to the main education contract.

E) Work Study

A form of self-help aid; a subsidized student employment program. Within the framework of the program, students may seek employment for up to twenty (20) hours per week within the university. Work study contracts are given every semester.

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