by our College Data Analytics TeamA lot of students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Tennessee College of Applied Technology - Elizabethton can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial assistance options will TCAT - Elizabethton offer you, and what will you qualify for? Read on for more information. Scroll down to learn what amount of financial assistance will be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Tennessee College of Applied Technology - Elizabethton.
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. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For freshmen starting at Tennessee College of Applied Technology - Elizabethton, 92% of new full-time first-years were awarded at least some aid around 315 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $4,377 |
| Institutional grants & scholarships | 1% | $793 |
| Federal Pell grants | 64% | $3,527 |
| State/local grants | 85% | $1,936 |
| Federal student loans | 0% | — |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at TCAT - Elizabethton, around 92% of undergraduates were awarded an average grant or scholarship of $2,525 (among about 1775 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $2,525 |
| Federal Pell grants | 26% | $4,117 |
| Federal student loans | 0% | — |
On-campus students receiving title-IV aid were awarded grants averaging $4,972.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,140 |
| $30,001 – $75,000 | $9,950 |
| Over $75,000 | $10,955 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,568 |
| Off-campus title-IV students | $9,621 |
To get a personalized net price estimate, try TCAT - Elizabethton’s NPC: tcatelizabethton.edu/future-students/net-price-calculator.
A handful of calculated indicators summarize the debt outlook at TCAT - Elizabethton.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at TCAT - Elizabethton:
| Metric | Value |
|---|---|
| Stafford loan recipients | 16 |
| Total Stafford loan amount | $50,567 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 12 |
| Total GI Bill amount | $24,914 |
| Average GI Bill amount per recipient | $2,076 |
References
More about our data sources and methodologies.