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Universal Technical Institute-Phoenix Financial Aid Details

89% Freshmen Get Financial Aid
$4,630 Average Grant & Scholarship
75% Undergrads Get Grant Aid

Most students will never be charged 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 total price of attendance at Universal Technical Institute-Phoenix can feel tremendous, but do not forget that almost all students receive some sort of financial help.

Just what financing solutions does UTI Phoenix provide, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to learn what amount of financial assistance will be accessible to you.

Why You Should Understand UTI Phoenix Aid Information

How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Universal Technical Institute-Phoenix.

Average Freshman Financial Aid at Universal Technical Institute-Phoenix

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.

For incoming first-year students at Universal Technical Institute-Phoenix, 89% of new full-time first-years were awarded at least some aid around 244 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)71%$5,974
Institutional grants & scholarships23%$1,821
Federal Pell grants59%$5,623
State/local grants0%$1,397
Federal student loans69%$7,049

Grant Aid for Undergraduates at Universal Technical Institute-Phoenix

The best aid is gift aid: grants and scholarships that carry no repayment obligation. At UTI Phoenix, some 75% of undergrads got grants or scholarships worth on average $4,630 (for some 615 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)75%$4,630
Federal Pell grants47%$5,018
Federal student loans52%$7,128

For students living on campus and receiving title-IV aid, grants averaged $4,968.

Income-Adjusted Net Price at Universal Technical Institute-Phoenix

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$20,350
$30,001 – $75,000$21,526
Over $75,000$26,239

Remember these are net prices — what families pay after gift aid, not before.

Net Price at Universal Technical Institute-Phoenix

Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.

CohortAverage Net Price
On-campus title-IV students$24,863
Off-campus title-IV students$23,178

For a personalized estimate based on your family’s financial situation, use UTI Phoenix’s net price tool: www.uti.edu/admissions/tuition.

Typical Student Debt at Universal Technical Institute-Phoenix

Graduating students at UTI Phoenix carry a median federal student debt of $10,247 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$10,247
Median federal debt (graduates only)$13,097
Typical 10-year monthly payment (graduates)$138.85/mo

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

Where Student Debt Falls

The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at UTI Phoenix.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$4,325
25th percentile$9,000
75th percentile$18,688
90th percentile (highest-debt students)$22,507

Student Debt by Cohort at Universal Technical Institute-Phoenix

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

By Family Income

Income tierMedian federal debt
Low income$10,588
Middle income$10,827
High income$10,239

By First-Generation Status

CohortMedian federal debt
First-generation students$10,375
Continuing-generation students$10,239

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$10,239
Independent students$12,242

Debt Burden Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. UTI Phoenix.

Student Loans at Universal Technical Institute-Phoenix

The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at UTI Phoenix:

MetricValue
Stafford loan recipients53618
Total Stafford loan amount$802,949,411

Military and Veterans Aid at Universal Technical Institute-Phoenix

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

GI Bill volume

MetricValue
GI Bill recipients176
Total GI Bill amount$2,255,333
Average GI Bill amount per recipient$12,814

Active-duty Tuition Assistance recipients

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

References

More about our data sources and methodologies.

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