by our College Data Analytics TeamMost students will never be charged 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 sum total of attendance at Diman Regional Technical Institute can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financing solutions does Diman Regional Technical Institute provide, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to see just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from Diman Regional Technical Institute.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Diman Regional Technical Institute, 70% of the incoming full-time class was awarded financial aid roughly 7 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $4,270 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 50% | $5,338 |
| State/local grants | 30% | $1,067 |
| Federal student loans | 60% | $6,301 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, around 59% of undergraduates were awarded an average grant or scholarship of $7,133 (among about 33 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $7,133 |
| Federal Pell grants | 50% | $5,084 |
| Federal student loans | 64% | $6,933 |
On-campus students receiving title-IV aid were awarded grants averaging $4,270.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $20,098 |
| $30,001 – $75,000 | $24,675 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $21,734 |
| Off-campus title-IV students | $20,861 |
To get a personalized net price estimate, try Diman Regional Technical Institute’s net price tool: www.dimanregional.org/Page/1345.
The median student at Diman Regional Technical Institute graduates with $5,745 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,745 |
| Median federal debt (graduates only) | $10,015 |
| Typical 10-year monthly payment (graduates) | $106.18/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. Use the percentiles below to see the debt range at Diman Regional Technical Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $11,903 |
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 | $5,989 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Diman Regional Technical Institute.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Diman Regional Technical Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 489 |
| Total Stafford loan amount | $3,686,092 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.