by our College Data Analytics TeamA lot of students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Divers Institute of Technology can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial aid options can Divers Institute of Technology offer, and what will you qualify for? Keep reading for more information. Keep going to find out how much school funding will be available 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 Divers Institute of Technology.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Divers Institute of Technology, 61% of first-time, full-time freshmen received some form of financial aid (about 173 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $5,387 |
| Institutional grants & scholarships | 7% | $2,857 |
| Federal Pell grants | 42% | $4,159 |
| State/local grants | 10% | $4,396 |
| Federal student loans | 36% | $6,775 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, roughly 45% of undergraduate students received gift aid averaging $5,748 (across approximately 211 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 45% | $5,748 |
| Federal Pell grants | 39% | $4,101 |
| Federal student loans | 38% | $7,001 |
For on-campus title-IV students, average grant aid came to $4,350.
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 | $39,723 |
| $30,001 – $75,000 | $40,985 |
| Over $75,000 | $43,651 |
Remember these are net prices — what families pay after gift aid, not before.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $39,337 |
| Off-campus title-IV students | $40,497 |
For a personalized estimate based on your family’s financial situation, use Divers Institute of Technology’s official net price calculator: www.diversinstitute.edu/about/student-guide/calculator.php.
The median federal debt load at Divers Institute of Technology comes to $9,355 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,355 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown 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 Divers Institute of Technology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,713 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
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 | $9,500 |
| Middle income | $9,500 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $5,866 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at Divers Institute of Technology.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Divers Institute of Technology:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2739 |
| Total Stafford loan amount | $19,898,746 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 115 |
| Total GI Bill amount | $2,832,237 |
| Average GI Bill amount per recipient | $24,628 |
References
More about our data sources and methodologies.