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Spartan College of Aeronautics and Technology Paying for Your Degree

89% Freshmen Get Financial Aid
$8,848 Average Grant & Scholarship
53% Undergrads Get Grant Aid

Most 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 price tag of going to Spartan College of Aeronautics and Technology can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.

What financial assistance options will Spartan College - Inland Empire offer, and what will you qualify for? Read on for more information. Keep reading to find out how much school funding will be available to you.

Why You Should Understand Spartan College - Inland Empire Aid Information

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Continue reading to find information to help you understand just how much assistance you can expect to receive from Spartan College of Aeronautics and Technology.

Typical First Year Financial Aid at Spartan College of Aeronautics and Technology

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

For freshmen starting at Spartan College of Aeronautics and Technology, 89% of the incoming full-time class was awarded financial aid around 168 incoming students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)66%$9,203
Institutional grants & scholarships1%$5,000
Federal Pell grants64%$8,967
State/local grants0%
Federal student loans72%$11,298

Grant Aid for Undergraduates at Spartan College of Aeronautics and Technology

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Spartan College - Inland Empire, around 53% of undergraduate students received gift aid averaging $8,848 (among about 188 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)53%$8,848
Federal Pell grants47%$9,313
Federal student loans53%$11,495

On-campus students receiving title-IV aid were awarded grants averaging $6,792.

How Cost Varies by Income at Spartan College of Aeronautics and Technology

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$32,790
$30,001 – $75,000$35,377
Over $75,000$32,353

These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.

Net Price at Spartan College of Aeronautics and Technology

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$32,601
Off-campus title-IV students$32,884

To get a personalized net price estimate, try Spartan College - Inland Empire’s NPC: www.spartan.edu/calculator/ie/.

What Students Owe at Spartan College of Aeronautics and Technology

The median student at Spartan College - Inland Empire graduates with $20,000 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$20,000
Median federal debt (graduates only)$20,000
Typical 10-year monthly payment (graduates)$212.03/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

Where Student Debt Falls

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Spartan College - Inland Empire.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$4,104
25th percentile$9,500
75th percentile$24,166
90th percentile (highest-debt students)$24,166

How Debt Outcomes Vary by Student Group at Spartan College of Aeronautics and Technology

How much a student borrows depends heavily on family income, first-gen status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$20,000
Middle income$17,217
High income$14,500

First-Generation Comparison

CohortMedian federal debt
First-generation students$20,000
Continuing-generation students$18,375

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$14,500
Independent students$20,000

Is the Debt Manageable?

The figure below distills the debt data into a single burden category for Spartan College - Inland Empire.

Student Loans at Spartan College of Aeronautics and Technology

Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Spartan College - Inland Empire:

MetricValue
Stafford loan recipients5222
Total Stafford loan amount$84,693,760

Military and Veterans Aid at Spartan College of Aeronautics and Technology

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

GI Bill volume

MetricValue
GI Bill recipients34
Total GI Bill amount$1,167,705
Average GI Bill amount per recipient$34,344

Spartan College of Aeronautics and Technology Financial Aid Resources

References

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