by our College Data Analytics TeamMost students are not billed 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 total price of attendance at Berk Trade and Business School can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial assistance solutions will Berk Trade School deliver, and just what are you going to be eligible for? Read on for answers. Read on to find out just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Berk Trade and Business School.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at Berk Trade and Business School, 84% of first-year full-time students received aid of some kind (about 95 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $6,187 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 71% | $6,848 |
| State/local grants | 13% | $2,667 |
| Federal student loans | 48% | $8,217 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, around 44% of undergrads got grants or scholarships worth on average $6,187 (across approximately 95 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 44% | $6,187 |
| Federal Pell grants | 37% | $6,848 |
| Federal student loans | 25% | $8,217 |
On-campus students receiving title-IV aid were awarded grants averaging $3,293.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,966 |
| $30,001 – $75,000 | $15,716 |
| Over $75,000 | $14,883 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $16,770 |
| Off-campus title-IV students | $15,128 |
To get a personalized net price estimate, try Berk Trade School’s net price tool: electricalandplumbingschool.com/berk_trade_school_financial_aid.html.
The middle student in the debt distribution at Berk Trade School owes $6,200 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,200 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at Berk Trade School.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,666 |
| 25th percentile | $3,666 |
| 75th percentile | $6,333 |
| 90th percentile (highest-debt students) | $6,333 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,666 |
| Independent students | $6,333 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Berk Trade School.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Berk Trade School:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4864 |
| Total Stafford loan amount | $32,922,017 |
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 | $104,000 |
| Average GI Bill amount per recipient | $13,000 |
References
More about our data sources and methodologies.