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Aviation Institute of Maintenance - Philadelphia Financial Aid Details

94% Freshmen Get Financial Aid
$6,251 Average Grant & Scholarship
36% Undergrads Get Grant Aid

The majority of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Aviation Institute of Maintenance - Philadelphia can appear tremendous, but do not forget that almost all students obtain some kind of financial help.

Just what financing solutions does Aviation Institute of Maintenance - Philadelphia deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on to learn what amount of financial assistance will be accessible to you.

Why You Should Understand Aviation Institute of Maintenance - Philadelphia Financial Aid Info

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Aviation Institute of Maintenance - Philadelphia.

Freshman Financial Aid at Aviation Institute of Maintenance - Philadelphia

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

For incoming first-year students at Aviation Institute of Maintenance - Philadelphia, 94% of new full-time first-years were awarded at least some aid approximately 51 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)72%$7,053
Institutional grants & scholarships0%
Federal Pell grants72%$5,826
State/local grants15%$4,931
Federal student loans87%$7,451

Scholarship and Grant Awards at Aviation Institute of Maintenance - Philadelphia

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, some 36% of undergrads got grants or scholarships worth on average $6,251 (covering around 121 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)36%$6,251
Federal Pell grants33%$5,018
Federal student loans23%$7,306

Title-IV recipients living on campus saw average grant aid of $5,393.

What Families Pay by Income at Aviation Institute of Maintenance - Philadelphia

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$19,647
$30,001 – $75,000$20,676
Over $75,000$26,108

These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.

The Real Cost of Attending Aviation Institute of Maintenance - Philadelphia

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$25,437
Off-campus title-IV students$21,244

For an estimate tailored to your family circumstances, see Aviation Institute of Maintenance - Philadelphia’s net price calculator: aviationmaintenance.edu/your-rights.

How Much Students Borrow at Aviation Institute of Maintenance - Philadelphia

Graduating students at Aviation Institute of Maintenance - Philadelphia carry a median federal student debt of $21,875 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$21,875
Median federal debt (graduates only)$32,397
Typical 10-year monthly payment (graduates)$343.46/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

How Debt Is Distributed Across Students

A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Aviation Institute of Maintenance - Philadelphia.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,750
25th percentile$4,750
75th percentile$20,000
90th percentile (highest-debt students)$20,000

How Debt Outcomes Vary by Student Group at Aviation Institute of Maintenance - Philadelphia

How much a student borrows depends heavily on family income, first-gen status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$23,250
Middle income$19,500
High income$24,500

By First-Generation Status

CohortMedian federal debt
First-generation students$22,625
Continuing-generation students$19,750

By Dependency Status

CohortMedian federal debt
Dependent students$19,500
Independent students$29,686

Is the Debt Manageable?

Federal data publishes pre-calculated indicators that summarize debt outcomes. Aviation Institute of Maintenance - Philadelphia.

Student Loans at Aviation Institute of Maintenance - Philadelphia

The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Aviation Institute of Maintenance - Philadelphia:

MetricValue
Stafford loan recipients2958
Total Stafford loan amount$56,788,942

Military and Veterans Aid at Aviation Institute of Maintenance - Philadelphia

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

MetricValue
GI Bill recipients11
Total GI Bill amount$174,486
Average GI Bill amount per recipient$15,862

More Financial Aid Resources from Aviation Institute of Maintenance - Philadelphia

References

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