by our College Data Analytics TeamA lot of 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 sum total of attendance at ETI School of Skilled Trades can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial aid options can ETI offer, and what will you qualify for? Keep reading for more information. Keep scrolling to learn just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from ETI School of Skilled Trades.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at ETI School of Skilled Trades, 81% of entering full-time freshmen got some type of financial assistance some 132 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $4,716 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 72% | $4,716 |
| State/local grants | 0% | — |
| Federal student loans | 60% | $7,901 |
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 ETI, roughly 52% of the undergraduate population received grant aid that averaged $5,436 (for some 321 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 52% | $5,436 |
| Federal Pell grants | 52% | $5,436 |
| Federal student loans | 48% | $7,425 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,716.
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 | $27,256 |
| $30,001 – $75,000 | $27,845 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $22,126 |
| Off-campus title-IV students | $21,537 |
For a personalized estimate based on your family’s financial situation, use ETI’s NPC: www.eticampus.edu/npcalc/index.htm.
The median federal debt load at ETI comes to $9,428 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,428 |
| 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 median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at ETI.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,010 |
| 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 | $9,500 |
| Middle income | $7,110 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,327 |
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 ETI.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at ETI:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4382 |
| Total Stafford loan amount | $32,757,789 |
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.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 18 |
| Total GI Bill amount | $230,115 |
| Average GI Bill amount per recipient | $12,784 |
References
More about our data sources and methodologies.