by our College Data Analytics TeamMany students will never be charged 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 price of attendance at Delta Technical College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial assistance options will Delta Technical College offer, and what will you qualify for? Read on for more information. Read on to learn what amount of financial assistance will be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Delta Technical College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Delta Technical College, 92% of entering full-time freshmen got some type of financial assistance (about 1458 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $5,653 |
| Institutional grants & scholarships | 1% | $2,577 |
| Federal Pell grants | 86% | $5,595 |
| State/local grants | 0% | $4,750 |
| Federal student loans | 89% | $6,623 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Delta Technical College, around 86% of the undergraduate population received grant aid that averaged $5,935 (for some 3296 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $5,935 |
| Federal Pell grants | 85% | $5,896 |
| Federal student loans | 90% | $7,351 |
On-campus students receiving title-IV aid were awarded grants averaging $3,839.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,384 |
| $30,001 – $75,000 | $17,156 |
| Over $75,000 | $19,757 |
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 | $18,032 |
| Off-campus title-IV students | $16,771 |
For a customized cost estimate, visit Delta Technical College’s online cost calculator: www.deltatechnicalcollege.com/netcalculator/.
A typical borrower at Delta Technical College leaves with $9,251 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,251 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Delta Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,100 |
| 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 | $9,301 |
| Middle income | $7,301 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,251 |
| Continuing-generation students | $9,301 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Delta Technical College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Delta Technical College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 28473 |
| Total Stafford loan amount | $226,868,030 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 20 |
| Total GI Bill amount | $251,024 |
| Average GI Bill amount per recipient | $12,551 |
References
More about our data sources and methodologies.