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Automotive Training Center - Warminster Financial Aid & Debt Outcomes

90% Freshmen Get Financial Aid
$7,100 Average Grant & Scholarship
74% Undergrads Get Grant Aid

Most students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Automotive Training Center - Warminster can feel tremendous, but do not forget that almost all students receive some sort of financial help.

Just what financial assistance solutions will Automotive Training Center - Warminster deliver, and just what are you going to be eligible for? Read on for answers. Keep scrolling to see how much school funding could be available to you.

Importance of Automotive Training Center - Warminster Financial Aid Info

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Automotive Training Center - Warminster.

Financial Aid for First-Year Students at Automotive Training Center - Warminster

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

At Automotive Training Center - Warminster, 90% of first-year full-time students received aid of some kind around 164 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)73%$7,785
Institutional grants & scholarships2%$7,446
Federal Pell grants71%$5,669
State/local grants53%$2,847
Federal student loans89%$6,186

Free Money: Grants and Scholarships at Automotive Training Center - Warminster

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Automotive Training Center - Warminster, around 74% of undergrads got grants or scholarships worth on average $7,100 (across roughly 321 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)74%$7,100
Federal Pell grants56%$5,093
Federal student loans64%$6,297

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $2,174.

How Cost Varies by Income at Automotive Training Center - Warminster

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$11,106
$30,001 – $75,000$14,413
Over $75,000$18,353

Remember these are net prices — what families pay after gift aid, not before.

Net Price at Automotive Training Center - Warminster

The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.

CohortAverage Net Price
On-campus title-IV students$18,088
Off-campus title-IV students$13,761

For a personalized estimate based on your family’s financial situation, use Automotive Training Center - Warminster’s online cost calculator: www.autotraining.edu/consumerinformation/net-price-calculator.html.

What Students Owe at Automotive Training Center - Warminster

A typical borrower at Automotive Training Center - Warminster leaves with $12,661 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$12,661
Median federal debt (graduates only)$15,665
Typical 10-year monthly payment (graduates)$166.08/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

Where Student Debt Falls

The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at Automotive Training Center - Warminster.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$4,490
25th percentile$8,750
75th percentile$17,000
90th percentile (highest-debt students)$23,667

How Debt Outcomes Vary by Student Group at Automotive Training Center - Warminster

How much a student borrows depends heavily on family income, first-gen status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$12,084
Middle income$13,000
High income$13,000

First-Generation Comparison

CohortMedian federal debt
First-generation students$12,502
Continuing-generation students$13,000

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$12,502
Independent students$13,582

Summary Debt Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at Automotive Training Center - Warminster.

Federal Student Loans at Automotive Training Center - Warminster

Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Automotive Training Center - Warminster:

MetricValue
Stafford loan recipients4484
Total Stafford loan amount$57,060,457

GI Bill and DoD Benefits at Automotive Training Center - Warminster

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

GI Bill volume

MetricValue
GI Bill recipients9
Total GI Bill amount$151,361
Average GI Bill amount per recipient$16,818

More Financial Aid Resources from Automotive Training Center - Warminster

References

More about our data sources and methodologies.

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