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Aiken Technical College Financial Aid & Scholarships

94% Freshmen Get Financial Aid
$4,210 Average Grant & Scholarship
89% Undergrads Get Grant Aid

Many students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Aiken Technical College can seem overpowering, but remember that the majority of students are given some form of financial assistance.

What financial aid options can Aiken Technical College offer you, and what will you qualify for? Keep reading for more information. Keep going to find out what amount of financial assistance will be accessible to you.

Understanding Aiken Technical College Aid Information

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Aiken Technical College.

Average Freshman Financial Aid at Aiken Technical College

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.

Among first-time, full-time freshmen at Aiken Technical College, 94% of first-year full-time students received aid of some kind approximately 249 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)93%$7,053
Institutional grants & scholarships12%$875
Federal Pell grants57%$6,318
State/local grants71%$3,882
Federal student loans8%$7,095

Scholarship and Grant Awards at Aiken Technical College

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Aiken Technical College, roughly 89% of undergrads got grants or scholarships worth on average $4,210 (across roughly 1972 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)89%$4,210
Federal Pell grants49%$4,282
Federal student loans13%$6,331

For students living on campus and receiving title-IV aid, grants averaged $8,364.

Income-Adjusted Net Price at Aiken Technical College

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$4,965
$30,001 – $75,000$6,076
Over $75,000$9,906

Each amount is the average cost remaining once grant aid is subtracted, by income band.

What Students Actually Pay at Aiken Technical College

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$4,807
Off-campus title-IV students$5,350

To project your own net price, use Aiken Technical College’s online cost calculator: www.atc.edu/netpricecalculator/npcalc.htm.

Median Student Debt for Graduates of Aiken Technical College

The median federal debt load at Aiken Technical College comes to $7,110 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$7,110
Median federal debt (graduates only)$12,250
Typical 10-year monthly payment (graduates)$129.87/mo

At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.

The Range of Student Debt at this School

The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at Aiken Technical College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,750
25th percentile$2,750
75th percentile$9,636
90th percentile (highest-debt students)$16,467

Debt by Student Cohort at Aiken Technical College

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$7,958
Middle income$7,688
High income$5,500

First-Generation Comparison

CohortMedian federal debt
First-generation students$7,569
Continuing-generation students$5,500

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$5,500
Independent students$9,500

At-a-Glance Debt Indicators

A handful of calculated indicators summarize the debt outlook at Aiken Technical College.

Stafford Loan Activity at Aiken Technical College

The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Aiken Technical College:

MetricValue
Stafford loan recipients3329
Total Stafford loan amount$31,289,344

GI Bill and DoD Benefits at Aiken Technical College

Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.

GI Bill volume

MetricValue
GI Bill recipients76
Total GI Bill amount$260,007
Average GI Bill amount per recipient$3,421

DoD program volume

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

References

More about our data sources and methodologies.

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