by our College Data Analytics TeamThe majority of students will not be asked to pay 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 sum total of attendance at Anoka Technical College can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial assistance options will Anoka Technical College offer you, and what will you qualify for? Read on for more information. Keep scrolling to discover how much school funding could be available to you.
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 Anoka Technical College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at Anoka Technical College, 69% of first-year full-time students received aid of some kind (about 101 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 52% | $6,170 |
| Institutional grants & scholarships | 6% | $788 |
| Federal Pell grants | 38% | $4,465 |
| State/local grants | 49% | $2,860 |
| Federal student loans | 29% | $5,420 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Anoka Technical College, some 55% of undergraduates were awarded grant or scholarship aid averaging $4,788 (across approximately 999 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $4,788 |
| Federal Pell grants | 33% | $3,819 |
| Federal student loans | 27% | $6,617 |
Title-IV recipients living on campus saw average grant aid of $5,294.
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 | $10,207 |
| $30,001 – $75,000 | $11,044 |
| Over $75,000 | $15,375 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $16,953 |
| Off-campus title-IV students | $12,261 |
For an estimate tailored to your family circumstances, see Anoka Technical College’s net price tool: www.anokatech.edu/tuition-fees/budget-estimate-cost/.
The median federal debt load at Anoka Technical College comes to $9,250 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,250 |
| Median federal debt (graduates only) | $11,000 |
| Typical 10-year monthly payment (graduates) | $116.62/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at Anoka Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,740 |
| 25th percentile | $4,823 |
| 75th percentile | $16,187 |
| 90th percentile (highest-debt students) | $25,446 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $8,883 |
| High income | $8,250 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $8,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,113 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Anoka Technical College.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Anoka Technical College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 8125 |
| Total Stafford loan amount | $108,377,050 |
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 | 33 |
| Total GI Bill amount | $124,989 |
| Average GI Bill amount per recipient | $3,788 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.