by our College Data Analytics TeamMost 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 total cost of going to Universal Technical Institute Bloomfield can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial aid solutions can UTI Bloomfield provide, and just what are you going to be eligible for? Keep reading for answers. Keep going to see what amount of financial assistance could be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Universal Technical Institute Bloomfield.
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.
Looking at the entering class at Universal Technical Institute Bloomfield, 92% of new full-time first-years were awarded at least some aid (about 588 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $5,978 |
| Institutional grants & scholarships | 12% | $2,305 |
| Federal Pell grants | 71% | $5,948 |
| State/local grants | 0% | — |
| Federal student loans | 83% | $6,544 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At UTI Bloomfield, around 65% of undergraduate students received gift aid averaging $5,174 (among about 1017 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $5,174 |
| Federal Pell grants | 56% | $5,362 |
| Federal student loans | 69% | $6,436 |
For students living on campus and receiving title-IV aid, grants averaged $5,028.
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 | $24,138 |
| $30,001 – $75,000 | $25,574 |
| Over $75,000 | $29,934 |
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 | $28,042 |
| Off-campus title-IV students | $26,052 |
To project your own net price, use UTI Bloomfield’s net price calculator: www.uti.edu/admissions/tuition.
The median student at UTI Bloomfield graduates with $11,574 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,574 |
| Median federal debt (graduates only) | $14,267 |
| Typical 10-year monthly payment (graduates) | $151.25/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at UTI Bloomfield.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $6,188 |
| 75th percentile | $18,084 |
| 90th percentile (highest-debt students) | $22,625 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $11,166 |
| Middle income | $11,999 |
| High income | $11,899 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,188 |
| Continuing-generation students | $12,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,688 |
| Independent students | $10,594 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. UTI Bloomfield.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at UTI Bloomfield:
| Metric | Value |
|---|---|
| Stafford loan recipients | 40167 |
| Total Stafford loan amount | $517,855,692 |
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 | 30 |
| Total GI Bill amount | $345,191 |
| Average GI Bill amount per recipient | $11,506 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.