by our College Data Analytics TeamA lot 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 Assabet Valley Regional Technical School can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial assistance options will Assabet Valley Regional Vocational School District offer you, and what will you qualify for? Read on for more information. Scroll down to learn what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Assabet Valley Regional Technical School.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Assabet Valley Regional Technical School, 78% of the incoming full-time class was awarded financial aid (about 7 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $10,471 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 56% | $6,306 |
| State/local grants | 44% | $5,206 |
| Federal student loans | 67% | $5,760 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Assabet Valley Regional Vocational School District, around 71% of the undergraduate population received grant aid that averaged $9,470 (covering around 34 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $9,470 |
| Federal Pell grants | 56% | $5,847 |
| Federal student loans | 63% | $6,917 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $10,471.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $36,348 |
| $30,001 – $75,000 | $36,348 |
Each figure is the net price after grants and scholarships, not the published sticker price.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $29,449 |
| Off-campus title-IV students | $36,348 |
For a customized cost estimate, visit Assabet Valley Regional Vocational School District’s net price calculator: www.assabet.org/UserFiles/Servers/Server_82103/Media/NetPrice/NetPriceCalculator.html.
A typical borrower at Assabet Valley Regional Vocational School District 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 |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Assabet Valley Regional Vocational School District.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $9,500 |
| 75th percentile | $9,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Middle income | $5,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Assabet Valley Regional Vocational School District.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Assabet Valley Regional Vocational School District:
| Metric | Value |
|---|---|
| Stafford loan recipients | 337 |
| Total Stafford loan amount | $2,514,957 |
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.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.