by our College Data Analytics TeamMany students are not billed 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 price tag of going to Universal Technical Institute - Illinois can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial aid options can UTI Illinois offer you, and what will you qualify for? Keep reading for more information. Keep scrolling to find out how much school funding will be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Universal Technical Institute - Illinois.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at Universal Technical Institute - Illinois, 94% of new full-time first-years were awarded at least some aid around 590 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 74% | $5,640 |
| Institutional grants & scholarships | 22% | $1,947 |
| Federal Pell grants | 67% | $5,521 |
| State/local grants | 0% | — |
| Federal student loans | 86% | $6,416 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, around 66% of undergraduates were awarded grant or scholarship aid averaging $4,687 (across roughly 1085 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 66% | $4,687 |
| Federal Pell grants | 50% | $4,840 |
| Federal student loans | 68% | $6,480 |
On-campus students receiving title-IV aid were awarded grants averaging $4,241.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $22,827 |
| $30,001 – $75,000 | $24,030 |
| Over $75,000 | $28,961 |
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 | $27,060 |
| Off-campus title-IV students | $24,971 |
To get a personalized net price estimate, try UTI Illinois’s NPC: www.uti.edu/admissions/tuition.
The middle student in the debt distribution at UTI Illinois owes $11,183 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,183 |
| Median federal debt (graduates only) | $13,124 |
| Typical 10-year monthly payment (graduates) | $139.14/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at UTI Illinois.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,450 |
| 25th percentile | $8,500 |
| 75th percentile | $20,000 |
| 90th percentile (highest-debt students) | $24,578 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $10,827 |
| Middle income | $11,688 |
| High income | $11,495 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,168 |
| Continuing-generation students | $11,998 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,254 |
| Independent students | $10,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. UTI Illinois.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at UTI Illinois:
| Metric | Value |
|---|---|
| Stafford loan recipients | 71179 |
| Total Stafford loan amount | $972,115,222 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 37 |
| Total GI Bill amount | $467,909 |
| Average GI Bill amount per recipient | $12,646 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.