by our College Data Analytics TeamMany students are not billed 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 price of attendance at Butler Tech - D Russel Lee Career Center can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financing options does D Russel Lee Career Center offer, and what will you qualify for? Keep scrolling for more information. Keep going to see just how much financial aid could be open 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 Butler Tech - D Russel Lee Career Center.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at Butler Tech - D Russel Lee Career Center, 40% of entering full-time freshmen got some type of financial assistance some 311 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 32% | $6,251 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 24% | $4,549 |
| State/local grants | 15% | $5,952 |
| Federal student loans | 22% | $6,276 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At D Russel Lee Career Center, roughly 40% of the undergraduate population received grant aid that averaged $5,849 (for some 356 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 40% | $5,849 |
| Federal Pell grants | 21% | $4,549 |
| Federal student loans | 19% | $6,276 |
The median student at D Russel Lee Career Center graduates with $6,396 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,396 |
| Median federal debt (graduates only) | $6,396 |
| Typical 10-year monthly payment (graduates) | $67.81/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at D Russel Lee Career Center.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,816 |
| 25th percentile | $3,875 |
| 75th percentile | $7,768 |
| 90th percentile (highest-debt students) | $9,500 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,438 |
| Middle income | $6,307 |
| High income | $4,230 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,396 |
| Continuing-generation students | $4,705 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,825 |
| Independent students | $6,840 |
A handful of calculated indicators summarize the debt outlook at D Russel Lee Career Center.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at D Russel Lee Career Center:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2916 |
| Total Stafford loan amount | $19,739,735 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 32 |
| Total GI Bill amount | $299,843 |
| Average GI Bill amount per recipient | $9,370 |
References
More about our data sources and methodologies.