by our College Data Analytics TeamMany students are not billed 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 Career Technical Institute can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial aid solutions can Career Technical Institute deliver, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to learn 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. The information provided on this page can help you determine how much aid you may receive from Career Technical Institute.
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.
At Career Technical Institute, 85% of first-time, full-time freshmen received some form of financial aid approximately 280 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $7,669 |
| Institutional grants & scholarships | 10% | $8,100 |
| Federal Pell grants | 85% | $6,600 |
| State/local grants | 2% | $8,000 |
| Federal student loans | 82% | $6,200 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Career Technical Institute, some 82% of undergraduates were awarded grant or scholarship aid averaging $7,509 (covering around 434 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $7,509 |
| Federal Pell grants | 82% | $6,700 |
| Federal student loans | 79% | $6,300 |
Title-IV recipients living on campus saw average grant aid of $5,382.
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 | $19,885 |
| $30,001 – $75,000 | $20,023 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $20,985 |
| Off-campus title-IV students | $19,920 |
To project your own net price, use Career Technical Institute’s official net price calculator: www.careertechnical.edu/OSS_MOP/npcalc.htm.
The median federal debt load at Career Technical Institute comes to $7,074 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,074 |
| Median federal debt (graduates only) | $7,917 |
| Typical 10-year monthly payment (graduates) | $83.93/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Career Technical Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,458 |
| 25th percentile | $3,827 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,234 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,110 |
| Continuing-generation students | $5,781 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,197 |
| Independent students | $7,652 |
These indicators are derived from the underlying debt data and summarize the overall picture at Career Technical Institute.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Career Technical Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5355 |
| Total Stafford loan amount | $41,655,262 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 13 |
| Total GI Bill amount | $158,834 |
| Average GI Bill amount per recipient | $12,218 |
References
More about our data sources and methodologies.