by our College Data Analytics TeamThe majority of students will never be charged 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 CALC Institute of Technology can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financing options does CALC offer you, and what will you qualify for? Keep scrolling for more information. Keep going to see what amount of financial assistance could be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from CALC Institute of Technology.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at CALC Institute of Technology, 100% of the incoming full-time class was awarded financial aid roughly 1 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $6,895 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $6,895 |
| State/local grants | 0% | — |
| Federal student loans | 100% | $5,500 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At CALC, approximately 86% of the undergraduate population received grant aid that averaged $9,515 (across roughly 99 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $9,515 |
| Federal Pell grants | 82% | $6,701 |
| Federal student loans | 74% | $7,127 |
A typical borrower at CALC leaves with $9,354 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,354 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at CALC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $6,227 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $19,939 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $8,932 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,583 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at CALC.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at CALC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1266 |
| Total Stafford loan amount | $11,433,740 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 5 |
| Total GI Bill amount | $68,374 |
| Average GI Bill amount per recipient | $13,675 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.