Most 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 Asheville-Buncombe Technical Community College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial aid options can A-B Tech offer, and what will you qualify for? Keep reading for more information. Scroll down to see what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Asheville-Buncombe Technical Community College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at Asheville-Buncombe Technical Community College, 100% of the incoming full-time class was awarded financial aid (about 210 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $5,970 |
| Institutional grants & scholarships | 32% | $1,200 |
| Federal Pell grants | 48% | $5,776 |
| State/local grants | 100% | $1,087 |
| Federal student loans | 3% | $4,909 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, some 75% of undergrads got grants or scholarships worth on average $1,926 (covering around 4701 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $1,926 |
| Federal Pell grants | 36% | $3,221 |
| Federal student loans | 3% | $10,491 |
For students living on campus and receiving title-IV aid, grants averaged $4,459.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $12,750 |
| $30,001 – $75,000 | $13,879 |
| Over $75,000 | $13,394 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $11,602 |
| Off-campus title-IV students | $12,851 |
To project your own net price, use A-B Tech’s NPC: www.abtech.edu/tuition-and-fees.
Graduating students at A-B Tech carry a median federal student debt of $10,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $10,000 |
| Median federal debt (graduates only) | $15,528 |
| Typical 10-year monthly payment (graduates) | $164.62/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at A-B Tech.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,500 |
| 25th percentile | $4,500 |
| 75th percentile | $18,285 |
| 90th percentile (highest-debt students) | $27,127 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $11,970 |
| Middle income | $9,500 |
| High income | $5,519 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,306 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,500 |
| Independent students | $12,376 |
These indicators are derived from the underlying debt data and summarize the overall picture at A-B Tech.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at A-B Tech:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7164 |
| Total Stafford loan amount | $102,196,134 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 102 |
| Total GI Bill amount | $181,257 |
| Average GI Bill amount per recipient | $1,777 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 165 |
| Total DoD amount | $97,350 |
| Average DoD amount per recipient | $590 |
References
More about our data sources and methodologies.