by our College Data Analytics TeamA lot of students will never be charged 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 American Technical Institute can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial aid solutions can AMTEC provide, and just what are you going to be eligible for? Keep reading for answers. Read on to see how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at American Technical Institute.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at American Technical Institute, 100% of the incoming full-time class was awarded financial aid approximately 33 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $3,729 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $3,729 |
| State/local grants | 0% | — |
| Federal student loans | 0% | — |
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 this school, some 99% of undergraduate students received gift aid averaging $4,588 (among about 73 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $4,588 |
| Federal Pell grants | 99% | $4,588 |
| Federal student loans | 0% | — |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $3,729.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,500 |
| $30,001 – $75,000 | $5,464 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $7,552 |
| Off-campus title-IV students | $6,500 |
For an estimate tailored to your family circumstances, see AMTEC’s online cost calculator: www.amtec.edu/net-price-calculator/.
A handful of calculated indicators summarize the debt outlook at AMTEC.
References
More about our data sources and methodologies.