by our College Data Analytics TeamMost 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 Academy of Career Training can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financing solutions does Academy of Career Training deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on to learn just how much financial aid will be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Academy of Career Training.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at Academy of Career Training, 0% of first-year full-time students received aid of some kind (about 0 new students).
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Academy of Career Training, approximately 22% of undergraduates were awarded grant or scholarship aid averaging $7,000 (across roughly 34 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 22% | $7,000 |
| Federal Pell grants | 22% | $7,000 |
| Federal student loans | 32% | $3,480 |
The median student at Academy of Career Training graduates with $5,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $6,105 |
| Typical 10-year monthly payment (graduates) | $64.72/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at Academy of Career Training.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,122 |
| 25th percentile | $3,261 |
| 75th percentile | $7,262 |
| 90th percentile (highest-debt students) | $9,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,730 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,333 |
These indicators are derived from the underlying debt data and summarize the overall picture at Academy of Career Training.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Academy of Career Training:
| Metric | Value |
|---|---|
| Stafford loan recipients | 906 |
| Total Stafford loan amount | $5,147,542 |
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 | 5 |
| Total GI Bill amount | $42,500 |
| Average GI Bill amount per recipient | $8,500 |
References
More about our data sources and methodologies.