by our College Data Analytics TeamA large number of students will never be charged 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 total cost of going to Bates Technical College can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial assistance options will Bates Technical College offer, and what will you qualify for? Read on for more information. Read on to learn how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Bates Technical College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Bates Technical College, 39% of first-year full-time students received aid of some kind (about 167 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 33% | $10,479 |
| Institutional grants & scholarships | 10% | $1,299 |
| Federal Pell grants | 24% | $6,202 |
| State/local grants | 32% | $5,794 |
| Federal student loans | 4% | $5,925 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Bates Technical College, approximately 21% of undergraduates were awarded grant or scholarship aid averaging $8,661 (across roughly 800 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 21% | $8,661 |
| Federal Pell grants | 12% | $5,217 |
| Federal student loans | 3% | $5,943 |
For students living on campus and receiving title-IV aid, grants averaged $12,545.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $3,043 |
| $30,001 – $75,000 | $3,822 |
| Over $75,000 | $10,206 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $6,292 |
| Off-campus title-IV students | $4,176 |
For a customized cost estimate, visit Bates Technical College’s net price tool: www.batestech.edu/net-price-calculator/.
The median federal debt load at Bates Technical College comes to $5,563 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,563 |
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Bates Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,412 |
| 25th percentile | $2,561 |
| 75th percentile | $8,750 |
| 90th percentile (highest-debt students) | $12,375 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
| Middle income | $5,500 |
| High income | $6,678 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $6,441 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,649 |
| Independent students | $6,375 |
A handful of calculated indicators summarize the debt outlook at Bates Technical College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Bates Technical College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3360 |
| Total Stafford loan amount | $24,105,955 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 138 |
| Total GI Bill amount | $687,350 |
| Average GI Bill amount per recipient | $4,981 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 7 |
| Total DoD amount | $6,115 |
| Average DoD amount per recipient | $874 |
References
More about our data sources and methodologies.