by our College Data Analytics TeamThe majority of students will never be charged 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 total cost of going to Academy for Careers and Technology can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial assistance options will Academy for Careers and Technology offer, and what will you qualify for? Read on for more information. Keep scrolling to find out just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Academy for Careers and Technology.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Academy for Careers and Technology, 86% of first-time, full-time freshmen received some form of financial aid roughly 24 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $2,400 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 21% | $3,358 |
| State/local grants | 64% | $2,080 |
| Federal student loans | 0% | — |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Academy for Careers and Technology, about 67% of undergraduates were awarded an average grant or scholarship of $3,812 (across approximately 30 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $3,812 |
| Federal Pell grants | 27% | $5,889 |
| Federal student loans | 0% | — |
For on-campus title-IV students, average grant aid came to $3,358.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $3,766 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,969 |
| Off-campus title-IV students | $3,766 |
For a customized cost estimate, visit Academy for Careers and Technology’s NPC: www.marion.k12.sc.us/Domain/21.
The Department of Education computes summary indicators that describe debt outcomes at a glance. Academy for Careers and Technology.
References
More about our data sources and methodologies.