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AIC does not currently offer federal loans (FAFSA) but provides limited internal financial assistance to students who demonstrate need and/or maintain good academic standing.

Financial Aid Policy

Step 1: Complete Financial Evaluation Form
Step 2: Upload Required Documents to Evaluation Form
Step 3: AIC will contact you with the results of your financial aid determination

In addition to AIC Financial Aid, we are also offering financial assistance through a generous scholarship opportunity with Zakat Chicago for Muslim applicants living in Illinois. Interested in applying? Please answer the following questions first.

ARE YOU ZAKAT ELIGIBLE?

• Must be a resident of IL
• Total household income must be below certain threshold
• Submitted the Financial Evaluation Form

Applicants that fulfil the three criteria above may complete the Zakat Chicago (ZC) Empowerment Scholarship Application Form and submit the requested documents.

AIC-Zakat Chicago Empowerment Scholarship
AIC-ZC Empowerment Scholarship Application Form

ÇàÂ¥´«Ã½ awards partial tuition scholarships to students who demonstrate high academic performance. Students must maintain good academic standing in order for the scholarship to be renewed. Review of the student’s academic standing occurs in January, annually. There is no separate application for the scholarship. Please indicate that you would like to be considered for the scholarship in your application.

If a student has been awarded the scholarship, then a letter will be issued outlining the details. Letters of scholarship renewal will be distributed every January.

Scholarships are available to both part-time and full-time undergraduate and graduate students.

The Ibn Khaldun Entrance-Year Scholarship

The Imam Warith Deen Mohammed Memorial Scholarship

The Elijah & Clara Muhammad Memorial Scholarship

Undergraduate Student Assistant Fellowship

Undergraduate students at AIC in need of financial assistance to continue their coursework may apply for the Undergraduate Student Assistant Fellowship. The Undergraduate Student Assistant Fellowship is granted on a case by case basis. The tuition assistance is for one semester but may be renewable. The student is required to reapply each semester if their need persists. As a condition of the fellowship, the student will be required to complete a work-study arrangement matching their skill set with the needs of the college.

Typically UGSA fellowships require 40 hours of service in exchange for tuition remission equivalent to one 3 credit course. Applications are accepted on a rolling basis.

UGSAF application form:

For inquiries into the Undergraduate Student Assistant Fellowship, please contact the Student Support Services Coordinator at smirza@aicusa.edu.

Graduate Student Assistant Fellowship

Graduate students at AIC in need of financial assistance to continue their coursework may apply for the Graduate Student Assistant Fellowship. The Graduate Student Assistant Fellowship is granted on a case by case basis. The tuition assistance is for one semester but may be renewable. The student is required to reapply each semester if their need persists. As a condition of the fellowship, the student will be required to complete a work-study arrangement matching their skill set with the needs of the college.

Typically GSA fellowships require 30 hours of service in exchange for tuition remission equivalent to one 3 credit course. Applications are accepted on a rolling basis.

GSAF application form:

For inquiries into the Graduate Student Assistant Fellowship, please contact the Student Support Services Coordinator at smirza@aicusa.edu.

ÇàÂ¥´«Ã½ has limited part-time opportunities for AIC students. Priority is given to students who need to finance their education at AIC. Students who wish to join our AIC-based Work-Study Program should contact the Office of Student Services. Students employed under this program are not permitted to work more than 20 hours per week during the academic term and may not work during scheduled class times.

ÇàÂ¥´«Ã½ expects all students to pay the year’s tuition by the first week of class. Students who wish to pay tuition using the monthly installment plan should contact the registrar’s office for further information.

The College is committed to granting scholarships to all students demonstrating qualification and need, as long as they maintain satisfactory academic progress for each year of study.

Non-attendance in a course does not constitute official withdrawal. Students who are registered in a course and yet fail to attend are held responsible both academically and financially for that course. Refunds are given only when the student officially withdraws with the knowledge and permission of the Registrar’s Office. The following schedule is applied to registration costs (both credit and audit) and tuition-fees only. All fees and room charges are non-refundable.

For a 15-week semester
First day: Full refund
First week: 85%
Second week: 50%
Third week: 30%
Beyond the third week: No refund

For a 5-week intensive course
First day: Full refund
End of first week: 75%
End of second week: 25%
Third week and beyond: No refund

Tuition is calculated according to the number of credits for which a student is registered in any given semester. AIC charges $350/credit per academic semester for all degree courses at AIC. For auditing privileges in degree courses, AIC charges $250/credit-hour per semester.

AIC is committed to keeping its tuition and fees as low as possible and so within reach for every student. Please contact us if you would like information regarding AIC’s growing array of scholarship possibilities as well as state and federal funding sources.

The following is a sample expense sheet for a full time student at AIC (not including misc. expenses & fees), based upon a course load of 15 credits/semester for an undergraduate and 9 credits/semester for a graduate student: