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 sum total of attendance at MDT College of Health Sciences can sound tremendous, but do not forget that almost all students get some type of financial help.
What financing options does ATS Institute of Technology offer, and what will you qualify for? Keep scrolling for more information. Keep going to find out 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 MDT College of Health Sciences.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at MDT College of Health Sciences, 100% of entering full-time freshmen got some type of financial assistance (about 17 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $6,814 |
| Institutional grants & scholarships | 100% | $1,132 |
| Federal Pell grants | 94% | $5,848 |
| State/local grants | 0% | — |
| Federal student loans | 100% | $7,456 |
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 ATS Institute of Technology, roughly 99% of undergraduate students received gift aid averaging $6,505 (covering around 332 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $6,505 |
| Federal Pell grants | 93% | $5,719 |
| Federal student loans | 95% | $7,917 |
Title-IV recipients living on campus saw average grant aid of $6,814.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $27,375 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $30,833 |
| Off-campus title-IV students | $27,375 |
To project your own net price, use ATS Institute of Technology’s online cost calculator: atsinstitute.edu/chicago/financial-aid-calculator/pn-chicago/index.html.
Graduating students at ATS Institute of Technology carry a median federal student debt of $14,250 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,250 |
| Median federal debt (graduates only) | $19,500 |
| Typical 10-year monthly payment (graduates) | $206.73/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at ATS Institute of Technology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $8,208 |
| 75th percentile | $19,000 |
| 90th percentile (highest-debt students) | $23,750 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $14,250 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,250 |
| Continuing-generation students | $14,250 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,500 |
| Independent students | $14,250 |
These indicators are derived from the underlying debt data and summarize the overall picture at ATS Institute of Technology.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at ATS Institute of Technology:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4198 |
| Total Stafford loan amount | $68,507,323 |
References
More about our data sources and methodologies.