by our College Data Analytics TeamA lot of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Southwest Technical College can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financing solutions does Southwest Tech provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to find out how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Southwest Technical College.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Southwest Technical College, 51% of first-time, full-time freshmen received some form of financial aid roughly 41 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 45% | $3,396 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 4% | $7,536 |
| State/local grants | 15% | $2,772 |
| Federal student loans | 0% | — |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Southwest Tech, approximately 33% of the undergraduate population received grant aid that averaged $3,694 (across roughly 392 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 33% | $3,694 |
| Federal Pell grants | 13% | $5,340 |
| Federal student loans | 0% | — |
The figure below distills the debt data into a single burden category for Southwest Tech.
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 29 |
| Total GI Bill amount | $29,819 |
| Average GI Bill amount per recipient | $1,028 |
References
More about our data sources and methodologies.