by our College Data Analytics TeamA large number of students will never be charged 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 price of attendance at Heartland Welding Academy can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial assistance solutions will Heartland Welding Academy provide, and just what are you going to be eligible for? Read on for answers. Keep scrolling to learn how much school funding will be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Heartland Welding Academy.
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. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at Heartland Welding Academy, 64% of first-time, full-time freshmen received some form of financial aid roughly 35 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 45% | $3,317 |
| Institutional grants & scholarships | 4% | $1,494 |
| Federal Pell grants | 45% | $3,197 |
| State/local grants | 0% | — |
| Federal student loans | 55% | $5,216 |
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, roughly 49% of undergraduates were awarded an average grant or scholarship of $3,947 (covering around 43 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 49% | $3,947 |
| Federal Pell grants | 49% | $3,345 |
| Federal student loans | 49% | $5,118 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $2,284.
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 | $20,010 |
| $30,001 – $75,000 | $19,990 |
| Over $75,000 | $22,748 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $20,194 |
| Off-campus title-IV students | $20,694 |
For a customized cost estimate, visit Heartland Welding Academy’s official net price calculator: www.heartlandweldingacademy.com/financial-aid.
The figure below distills the debt data into a single burden category for Heartland Welding Academy.
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 9 |
| Total GI Bill amount | $111,300 |
| Average GI Bill amount per recipient | $12,367 |
References
More about our data sources and methodologies.