by our College Data Analytics TeamA large number of students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to ABCO Technology can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financing solutions does ABCO Technology provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to see just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from ABCO Technology.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at ABCO Technology, 36% of first-time, full-time freshmen received some form of financial aid (about 9 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 36% | $8,173 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 36% | $6,582 |
| State/local grants | 4% | $14,322 |
| Federal student loans | 24% | $7,873 |
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 ABCO Technology, about 16% of undergrads got grants or scholarships worth on average $7,077 (among about 19 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 16% | $7,077 |
| Federal Pell grants | 16% | $6,323 |
| Federal student loans | 17% | $6,596 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $8,173.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,659 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $14,419 |
| Off-campus title-IV students | $24,866 |
For a personalized estimate based on your family’s financial situation, use ABCO Technology’s net price calculator: www.abcotechnology.edu/disclosures/NPC.
The Department of Education computes summary indicators that describe debt outcomes at a glance. ABCO Technology.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at ABCO Technology:
| Metric | Value |
|---|---|
| Stafford loan recipients | 130 |
| Total Stafford loan amount | $708,732 |
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 | 75 |
| Total GI Bill amount | $657,668 |
| Average GI Bill amount per recipient | $8,769 |
References
More about our data sources and methodologies.