by our College Data Analytics TeamThe majority of 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 price tag of going to Gadsden Technical Institute can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial aid solutions can Gadsden Technical Institute deliver, and just what are you going to be eligible for? Keep reading for answers. Keep going 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. Use the information below to understand how much financial assistance you may get from Gadsden Technical Institute.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Gadsden Technical Institute, 42% of new full-time first-years were awarded at least some aid (about 5 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 42% | $9,668 |
| Institutional grants & scholarships | 8% | $2,628 |
| Federal Pell grants | 42% | $2,247 |
| State/local grants | 42% | $6,895 |
| Federal student loans | 0% | — |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Gadsden Technical Institute, some 28% of undergraduate students received gift aid averaging $7,395 (among about 35 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 28% | $7,395 |
| Federal Pell grants | 18% | $6,895 |
| Federal student loans | 0% | — |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,895.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $3,866 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $3,866 |
| Off-campus title-IV students | $3,866 |
For an estimate tailored to your family circumstances, see Gadsden Technical Institute’s net price calculator: www.gadsdentech.org/Common/News2/HomePagePopUps/Default.asp?ItemID=95759&ISrc=District&Itype=News.
The figure below distills the debt data into a single burden category for Gadsden Technical Institute.
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $2,310 |
| Average GI Bill amount per recipient | $2,310 |
References
More about our data sources and methodologies.