A lot 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 sum total of attendance at Orange Technical College - Mid Florida Campus can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financing solutions does OTC Mid Florida provide, and just what are you going to be eligible for? Keep scrolling for answers. Read on to discover just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Orange Technical College - Mid Florida Campus.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Orange Technical College - Mid Florida Campus, 81% of the incoming full-time class was awarded financial aid approximately 226 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $5,359 |
| Institutional grants & scholarships | 7% | $2,022 |
| Federal Pell grants | 74% | $4,986 |
| State/local grants | 44% | $1,134 |
| Federal student loans | 0% | — |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, around 10% of the undergraduate population received grant aid that averaged $5,379 (for some 294 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 10% | $5,379 |
| Federal Pell grants | 9% | $4,624 |
| Federal student loans | 0% | — |
Title-IV recipients living on campus saw average grant aid of $4,994.
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 | $9,215 |
| Off-campus title-IV students | $9,504 |
To project your own net price, use OTC Mid Florida’s NPC: www.orangetechcollege.net/UserFiles/Servers/Server_86919/File/Consumer_Information/Net_Price_Calculator/Mid_Florida/index.html.
Federal data publishes pre-calculated indicators that summarize debt outcomes. OTC Mid Florida.
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 16 |
| Total GI Bill amount | $36,012 |
| Average GI Bill amount per recipient | $2,251 |
References
More about our data sources and methodologies.