516 Amherstia was the 8th asteroid discovered by Raymond Smith Dugan, and was named after Amherst College, his alma mater. Amherstia is a large M-type main belt asteroid, with an estimated diameter of 73 km. It follows an eccentric orbit between Jupiter and Mars, with an orbital period of 4.39 years. The orbital plane is inclined at an angle of 13° to the ecliptic.