by our College Data Analytics TeamMany students will never be charged 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 total cost of going to Southeast Technical College can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financing solutions does Southeast Tech deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to see how much school funding could be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Southeast Technical College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at Southeast Technical College, 76% of the incoming full-time class was awarded financial aid roughly 547 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $4,637 |
| Institutional grants & scholarships | 40% | $2,125 |
| Federal Pell grants | 41% | $5,300 |
| State/local grants | 12% | $4,107 |
| Federal student loans | 56% | $5,381 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Southeast Tech, around 59% of undergraduates were awarded grant or scholarship aid averaging $3,305 (covering around 1461 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $3,305 |
| Federal Pell grants | 34% | $4,412 |
| Federal student loans | 54% | $5,880 |
For students living on campus and receiving title-IV aid, grants averaged $2,872.
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 | $15,204 |
| $30,001 – $75,000 | $15,869 |
| Over $75,000 | $18,518 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $17,400 |
| Off-campus title-IV students | $16,560 |
To project your own net price, use Southeast Tech’s official net price calculator: www.southeasttech.edu/admissions/financialaid/netpricecalculator/.
The median student at Southeast Tech graduates with $9,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $12,000 |
| Typical 10-year monthly payment (graduates) | $127.22/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 figures below chart the debt distribution at Southeast Tech.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $15,250 |
| 90th percentile (highest-debt students) | $23,750 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $10,249 |
| Middle income | $9,500 |
| High income | $6,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,250 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,521 |
| Independent students | $13,719 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Southeast Tech.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Southeast Tech:
| Metric | Value |
|---|---|
| Stafford loan recipients | 12869 |
| Total Stafford loan amount | $150,451,096 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 110 |
| Total GI Bill amount | $322,173 |
| Average GI Bill amount per recipient | $2,929 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 39 |
| Total DoD amount | $50,964 |
| Average DoD amount per recipient | $1,307 |
References
More about our data sources and methodologies.