The 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 price tag of going to New England Tractor Trailer Training School of Rhode Island can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financing options does NETTTS offer, and what will you qualify for? Keep scrolling for more information. Keep reading to learn how much school funding will be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from New England Tractor Trailer Training School of Rhode Island.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at New England Tractor Trailer Training School of Rhode Island, 77% of new full-time first-years were awarded at least some aid roughly 743 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $4,352 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 65% | $4,352 |
| State/local grants | 0% | — |
| Federal student loans | 73% | $6,384 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At NETTTS, around 58% of undergraduates were awarded an average grant or scholarship of $4,187 (across approximately 824 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 58% | $4,187 |
| Federal Pell grants | 58% | $4,187 |
| Federal student loans | 58% | $6,076 |
On-campus students receiving title-IV aid were awarded grants averaging $3,572.
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 | $15,118 |
| $30,001 – $75,000 | $15,928 |
| Over $75,000 | $17,805 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $15,866 |
| Off-campus title-IV students | $15,411 |
For a customized cost estimate, visit NETTTS’s official net price calculator: nettts.com/price-calculator/.
A typical borrower at NETTTS leaves with $6,333 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at NETTTS.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $4,750 |
| 75th percentile | $6,333 |
| 90th percentile (highest-debt students) | $6,333 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $6,333 |
| High income | $6,333 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,333 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,666 |
| Independent students | $6,333 |
A handful of calculated indicators summarize the debt outlook at NETTTS.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at NETTTS:
| Metric | Value |
|---|---|
| Stafford loan recipients | 13531 |
| Total Stafford loan amount | $77,047,125 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 34 |
| Total GI Bill amount | $496,834 |
| Average GI Bill amount per recipient | $14,613 |
References
More about our data sources and methodologies.