by our College Data Analytics TeamA large number of students are not billed 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 total cost of going to Georgia Career Institute can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial aid options can Georgia Career Institute offer you, and what will you qualify for? Keep reading for more information. Keep reading to see just how much financial aid could be open 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 Georgia Career 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.
For incoming first-year students at Georgia Career Institute, 80% of entering full-time freshmen got some type of financial assistance around 174 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 68% | $5,162 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 68% | $5,006 |
| State/local grants | 0% | — |
| Federal student loans | 71% | $5,542 |
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, approximately 52% of undergrads got grants or scholarships worth on average $4,754 (covering around 459 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 52% | $4,754 |
| Federal Pell grants | 52% | $4,672 |
| Federal student loans | 51% | $5,257 |
For students living on campus and receiving title-IV aid, grants averaged $4,433.
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 | $16,052 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $14,966 |
| Off-campus title-IV students | $15,371 |
For a customized cost estimate, visit Georgia Career Institute’s official net price calculator: www.gci.edu/financial-aid.
The median federal debt load at Georgia Career Institute comes to $6,544 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,544 |
| Median federal debt (graduates only) | $7,735 |
| Typical 10-year monthly payment (graduates) | $82.0/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Georgia Career Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,812 |
| 25th percentile | $4,564 |
| 75th percentile | $9,566 |
| 90th percentile (highest-debt students) | $11,600 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,544 |
| Middle income | $6,881 |
| High income | $6,222 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,544 |
| Continuing-generation students | $7,398 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,544 |
A handful of calculated indicators summarize the debt outlook at Georgia Career Institute.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Georgia Career Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6765 |
| Total Stafford loan amount | $51,027,132 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 16 |
| Total GI Bill amount | $195,728 |
| Average GI Bill amount per recipient | $12,233 |
References
More about our data sources and methodologies.