by our College Data Analytics TeamA large number of students will not be asked to pay 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 Ace Institute of Technology can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial assistance options will Ace Institute of Technology offer, and what will you qualify for? Read on for more information. Keep reading 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. Continue reading to find information to help you understand just how much assistance you can expect to receive from Ace Institute of Technology.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at Ace Institute of Technology, 76% of first-time, full-time freshmen received some form of financial aid approximately 110 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $6,009 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 73% | $5,912 |
| State/local grants | 3% | $7,033 |
| Federal student loans | 72% | $5,533 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Ace Institute of Technology, some 58% of undergrads got grants or scholarships worth on average $5,760 (across roughly 231 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 58% | $5,760 |
| Federal Pell grants | 58% | $5,667 |
| Federal student loans | 72% | $6,175 |
Title-IV recipients living on campus saw average grant aid of $6,005.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $34,915 |
| $30,001 – $75,000 | $35,292 |
| Over $75,000 | $40,954 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $41,063 |
| Off-campus title-IV students | $35,092 |
For a personalized estimate based on your family’s financial situation, use Ace Institute of Technology’s official net price calculator: www.acecareer.edu/NetPriceCalculator/npcalc.htm.
A typical borrower at Ace Institute of Technology leaves with $6,000 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,000 |
| Median federal debt (graduates only) | $6,471 |
| Typical 10-year monthly payment (graduates) | $68.6/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Ace Institute of Technology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,067 |
| 75th percentile | $9,500 |
| 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 | $6,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $7,718 |
The figure below distills the debt data into a single burden category for Ace Institute of Technology.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Ace Institute of Technology:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1052 |
| Total Stafford loan amount | $6,462,633 |
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 activity
| Metric | Value |
|---|---|
| GI Bill recipients | 9 |
| Total GI Bill amount | $74,205 |
| Average GI Bill amount per recipient | $8,245 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.