by our College Data Analytics TeamA 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 total cost of going to St. Louis Med Tech can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financing solutions does St. Louis Med Tech provide, and just what are you going to be eligible for? Keep scrolling for answers. Read on to see just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from St. Louis Med Tech.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, around 56% of undergraduate students received gift aid averaging $4,657 (across roughly 5 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $4,657 |
| Federal Pell grants | 56% | $4,657 |
| Federal student loans | 56% | $7,559 |
The figure below distills the debt data into a single burden category for St. Louis Med Tech.
References
More about our data sources and methodologies.