by our College Data Analytics TeamA lot of students will not be asked to pay 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 Industrial Management Training Institute can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financing solutions does Industrial Management Training Institute deliver, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to find out 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. Read on to get a sense of the financial assistance available at Industrial Management Training Institute.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Industrial Management Training Institute, 50% of the incoming full-time class was awarded financial aid around 50 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 39% | $3,207 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 39% | $2,960 |
| State/local grants | 0% | — |
| Federal student loans | 42% | $3,503 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, about 37% of undergraduates were awarded an average grant or scholarship of $3,127 (for some 40 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 37% | $3,127 |
| Federal Pell grants | 36% | $2,960 |
| Federal student loans | 39% | $3,503 |
For on-campus title-IV students, average grant aid came to $2,144.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $47,964 |
| $30,001 – $75,000 | $51,037 |
| Over $75,000 | $51,037 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $42,758 |
| Off-campus title-IV students | $48,602 |
To project your own net price, use Industrial Management Training Institute’s net price tool: imti.edu/np-calc.
The median student at Industrial Management Training Institute graduates with $8,490 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,490 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Industrial Management Training Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Industrial Management Training Institute.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Industrial Management Training Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 732 |
| Total Stafford loan amount | $4,819,525 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $36,058 |
| Average GI Bill amount per recipient | $18,029 |
References
More about our data sources and methodologies.