by our College Data Analytics TeamThe majority of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Apex Technical School can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial assistance solutions will Apex Technical School provide, and just what are you going to be eligible for? Read on for answers. Keep going to learn just how much financial aid will be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from Apex Technical School.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at Apex Technical School, 68% of first-year full-time students received aid of some kind approximately 674 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $6,933 |
| Institutional grants & scholarships | 39% | $1,500 |
| Federal Pell grants | 55% | $5,464 |
| State/local grants | 2% | $10,490 |
| Federal student loans | 46% | $7,107 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Apex Technical School, some 60% of the undergraduate population received grant aid that averaged $6,510 (across approximately 1424 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 60% | $6,510 |
| Federal Pell grants | 59% | $5,170 |
| Federal student loans | 53% | $6,911 |
Title-IV recipients living on campus saw average grant aid of $6,397.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,990 |
| $30,001 – $75,000 | $17,076 |
| Over $75,000 | $21,530 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $14,826 |
| Off-campus title-IV students | $16,076 |
To get a personalized net price estimate, try Apex Technical School’s net price calculator: apexschool.com/consumer-information/net-price-calculator.
A typical borrower at Apex Technical School leaves with $9,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Apex Technical School.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $5,500 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for Apex Technical School.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Apex Technical School:
| Metric | Value |
|---|---|
| Stafford loan recipients | 20470 |
| Total Stafford loan amount | $161,710,323 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 161 |
| Total GI Bill amount | $1,318,348 |
| Average GI Bill amount per recipient | $8,188 |
References
More about our data sources and methodologies.