by our College Data Analytics TeamThe majority of students will not be asked to pay 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 price tag of going to Monongalia County Technical Education Center can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial aid solutions can MTEC deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to discover what amount of financial assistance could be accessible 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 Monongalia County Technical Education Center.
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.
Looking at the entering class at Monongalia County Technical Education Center, 61% of entering full-time freshmen got some type of financial assistance roughly 22 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 58% | $8,026 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 58% | $6,312 |
| State/local grants | 33% | $3,000 |
| Federal student loans | 0% | — |
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 64% of the undergraduate population received grant aid that averaged $5,772 (among about 45 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $5,772 |
| Federal Pell grants | 49% | $6,111 |
| Federal student loans | 0% | — |
For on-campus title-IV students, average grant aid came to $6,951.
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 | $2,144 |
| $30,001 – $75,000 | $6,972 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $5,132 |
| Off-campus title-IV students | $3,110 |
For an estimate tailored to your family circumstances, see MTEC’s official net price calculator: mtec.mono.k12.wv.us/o/mtec/page/financial-aid-information.
A handful of calculated indicators summarize the debt outlook at MTEC.
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $7,440 |
| Average GI Bill amount per recipient | $2,480 |
References
More about our data sources and methodologies.