by our College Data Analytics TeamMany students will not be asked to pay 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 cost of going to Fayette Institute of Technology can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financing options does Fayette Plateau Vocational Technical Center offer you, and what will you qualify for? Keep scrolling for more information. Keep reading to discover 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. Read on to get a sense of the financial assistance available at Fayette Institute of Technology.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Fayette Institute of Technology, 53% of the incoming full-time class was awarded financial aid (about 8 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $4,688 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 53% | $4,688 |
| State/local grants | 0% | — |
| Federal student loans | 0% | — |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Fayette Plateau Vocational Technical Center, roughly 57% of the undergraduate population received grant aid that averaged $7,846 (across roughly 21 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 57% | $7,846 |
| Federal Pell grants | 57% | $7,846 |
| Federal student loans | 0% | — |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,250.
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 | $4,417 |
| $30,001 – $75,000 | $5,010 |
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 | $4,132 |
| Off-campus title-IV students | $5,010 |
For a personalized estimate based on your family’s financial situation, use Fayette Plateau Vocational Technical Center’s official net price calculator: fit.faye.tec.wv.us/wp-content/uploads/2021/03/index.html.
Federal data publishes pre-calculated indicators that summarize debt outcomes. Fayette Plateau Vocational Technical Center.
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $2,200 |
| Average GI Bill amount per recipient | $2,200 |
References
More about our data sources and methodologies.