by our College Data Analytics TeamA large number of students will never be charged 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 cost of going to Berks Career & Technology Center can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial aid options can Berks Career & Technology Center offer, and what will you qualify for? Keep reading for more information. Keep reading to find out how much school funding will be available 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 Berks Career & Technology Center.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Berks Career & Technology Center, 71% of first-year full-time students received aid of some kind roughly 20 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $4,133 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 39% | $3,964 |
| State/local grants | 14% | $1,969 |
| Federal student loans | 39% | $3,393 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Berks Career & Technology Center, about 33% of undergraduates were awarded grant or scholarship aid averaging $3,600 (covering around 19 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 33% | $3,600 |
| Federal Pell grants | 26% | $3,581 |
| Federal student loans | 33% | $3,712 |
Title-IV recipients living on campus saw average grant aid of $3,376.
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 | $15,958 |
| Over $75,000 | $21,721 |
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 | $20,536 |
| Off-campus title-IV students | $18,117 |
For an estimate tailored to your family circumstances, see Berks Career & Technology Center’s NPC: berkscareer.com/wp-content/uploads/2022/11/index.html.
The middle student in the debt distribution at Berks Career & Technology Center owes $3,732 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $3,732 |
A handful of calculated indicators summarize the debt outlook at Berks Career & Technology Center.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Berks Career & Technology Center:
| Metric | Value |
|---|---|
| Stafford loan recipients | 105 |
| Total Stafford loan amount | $622,157 |
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 | 2 |
| Total GI Bill amount | $16,282 |
| Average GI Bill amount per recipient | $8,141 |
References
More about our data sources and methodologies.