by our College Data Analytics TeamThe majority of students are not billed 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 total cost of going to Industrial Technical College can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial aid solutions can Industrial Technical College deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to find out just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Industrial Technical College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Industrial Technical College, 100% of first-year full-time students received aid of some kind around 40 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $6,242 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $5,713 |
| State/local grants | 18% | $546 |
| Federal student loans | 0% | — |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, approximately 100% of undergraduate students received gift aid averaging $6,631 (across approximately 95 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $6,631 |
| Federal Pell grants | 100% | $6,243 |
| Federal student loans | 0% | — |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,242.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $3,727 |
| $30,001 – $75,000 | $5,717 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $4,665 |
| Off-campus title-IV students | $3,767 |
To project your own net price, use Industrial Technical College’s net price calculator: industrialtechnicalcollege.com/netprice/npcalc.htm.
The figure below distills the debt data into a single burden category for Industrial Technical College.
References
More about our data sources and methodologies.