by our College Data Analytics TeamMost students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Aviation Institute of Maintenance - Las Vegas can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial assistance options will Aviation Institute of Maintenance - Las Vegas offer you, and what will you qualify for? Read on for more information. Keep going to learn what amount of financial assistance will be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Aviation Institute of Maintenance - Las Vegas.
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.
For incoming first-year students at Aviation Institute of Maintenance - Las Vegas, 90% of first-year full-time students received aid of some kind some 44 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $6,356 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 55% | $6,186 |
| State/local grants | 0% | — |
| Federal student loans | 82% | $7,300 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Aviation Institute of Maintenance - Las Vegas, about 30% of undergrads got grants or scholarships worth on average $5,531 (across roughly 99 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 30% | $5,531 |
| Federal Pell grants | 30% | $5,082 |
| Federal student loans | 25% | $7,291 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $3,900.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $24,652 |
| $30,001 – $75,000 | $26,445 |
Remember these are net prices — what families pay after gift aid, not before.
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.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $26,178 |
| Off-campus title-IV students | $25,155 |
To project your own net price, use Aviation Institute of Maintenance - Las Vegas’s net price tool: aviationmaintenance.edu/your-rights.
The middle student in the debt distribution at Aviation Institute of Maintenance - Las Vegas owes $20,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $20,500 |
| Median federal debt (graduates only) | $31,500 |
| Typical 10-year monthly payment (graduates) | $333.95/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Aviation Institute of Maintenance - Las Vegas.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,448 |
| 25th percentile | $6,103 |
| 75th percentile | $20,000 |
| 90th percentile (highest-debt students) | $26,250 |
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 | $20,500 |
| Middle income | $20,500 |
| High income | $20,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $20,500 |
| Continuing-generation students | $20,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $30,472 |
The figure below distills the debt data into a single burden category for Aviation Institute of Maintenance - Las Vegas.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Aviation Institute of Maintenance - Las Vegas:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7242 |
| Total Stafford loan amount | $147,982,773 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 17 |
| Total GI Bill amount | $273,975 |
| Average GI Bill amount per recipient | $16,116 |
References
More about our data sources and methodologies.