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New England Tractor Trailer Training School of Rhode Island Financial Aid Details

77% Freshmen Get Financial Aid
$4,187 Average Grant & Scholarship
58% Undergrads Get Grant Aid

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.

Importance of NETTTS Financial Aid Info

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.

Average Freshman Financial Aid at 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 ReceivingAverage Amount
Grant or scholarship aid (all sources)65%$4,352
Institutional grants & scholarships0%
Federal Pell grants65%$4,352
State/local grants0%
Federal student loans73%$6,384

Scholarships and Grants at New England Tractor Trailer Training School of Rhode Island

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 ReceivingAverage Amount
Grant or scholarship aid (all sources)58%$4,187
Federal Pell grants58%$4,187
Federal student loans58%$6,076

On-campus students receiving title-IV aid were awarded grants averaging $3,572.

Aid by Income Level at New England Tractor Trailer Training School of Rhode Island

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage 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 Real Cost of Attending New England Tractor Trailer Training School of Rhode Island

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.

CohortAverage 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/.

What Students Owe at New England Tractor Trailer Training School of Rhode Island

A typical borrower at NETTTS leaves with $6,333 in federal student debt.

MetricAmount
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 Range of Student Debt at this School

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.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,167
25th percentile$4,750
75th percentile$6,333
90th percentile (highest-debt students)$6,333

Student Debt by Cohort at New England Tractor Trailer Training School of Rhode Island

Median debt varies by family income, by first-generation status, and by dependency status.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$6,333
Middle income$6,333
High income$6,333

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$6,333
Continuing-generation students$6,333

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$3,666
Independent students$6,333

Is the Debt Manageable?

A handful of calculated indicators summarize the debt outlook at NETTTS.

Student Loans at New England Tractor Trailer Training School of Rhode Island

Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at NETTTS:

MetricValue
Stafford loan recipients13531
Total Stafford loan amount$77,047,125

Veteran and Military Aid at New England Tractor Trailer Training School of Rhode Island

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients34
Total GI Bill amount$496,834
Average GI Bill amount per recipient$14,613

External Resources for New England Tractor Trailer Training School of Rhode Island

References

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