by our College Data Analytics TeamA large number of students will not be asked to pay 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 price of attendance at Ayers Career College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial assistance options will Ayers Career College offer, and what will you qualify for? Read on for more information. Keep going to learn what amount of financial assistance will be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Ayers Career College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Ayers Career College, 100% of first-time, full-time freshmen received some form of financial aid approximately 183 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $8,494 |
| Institutional grants & scholarships | 7% | $846 |
| Federal Pell grants | 98% | $6,649 |
| State/local grants | 26% | $6,094 |
| Federal student loans | 98% | $7,741 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, some 95% of undergrads got grants or scholarships worth on average $8,783 (covering around 295 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $8,783 |
| Federal Pell grants | 94% | $6,565 |
| Federal student loans | 93% | $7,745 |
Title-IV recipients living on campus saw average grant aid of $7,946.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,824 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,439 |
| Off-campus title-IV students | $17,824 |
For a customized cost estimate, visit Ayers Career College’s net price calculator: ayers.edu/disclosures/.
The median federal debt load at Ayers Career College comes to $8,772 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,772 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Ayers Career College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,248 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,821 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Ayers Career College.
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 Ayers Career College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2524 |
| Total Stafford loan amount | $20,722,267 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 8 |
| Total GI Bill amount | $119,629 |
| Average GI Bill amount per recipient | $14,954 |
References
More about our data sources and methodologies.