by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from Anoka Technical College.
$3,241.00 is the typical Anoka Technical College’s first year financial aid package. A significant 87% of freshmen benefit from financial aid, with the main type being loans.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Anoka Technical College you may end up taking on.
In addition to scholarships, 80% of first years (145 total) were awarded federal grant aid, averaging $2,129.00 each.
These grants and scholarships are made up of mainly federal grants, plus some state and local awards.
80% of freshmen at Anoka Technical College (145 total) received a federal grant, averaging $2,129.00.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 16.48% | $5,867.00 |
| Income 30k-48k | 12.09% | $5,756.00 |
| Income 48k-75k | 6.59% | $2,640.00 |
| Income 75k-110k | 6.59% | $1,784.00 |
| Income 110k + | 11.54% | $193.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
152 Anoka Technical College undergrads obtain grant aid (this is about 87% of the entire undergraduate student population). The average amount these students receive is $3,241.00.The bulk of which are Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.