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College of Business and Technology-Cutler Bay Financial Aid and Scholarship Details

100% Freshmen Get Financial Aid
$7,620 Average Grant & Scholarship
99% Undergrads Get Grant Aid

A large number of 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 price tag of going to College of Business and Technology-Cutler Bay can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.

What financial assistance options will CBT College - Cutler Bay offer you, and what will you qualify for? Read on for more information. Keep going to find out how much school funding will be available to you.

Why You Should Understand CBT College - Cutler Bay Financial Aid Info

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 College of Business and Technology-Cutler Bay.

Freshman Financial Aid at College of Business and Technology-Cutler Bay

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

At College of Business and Technology-Cutler Bay, 100% of the incoming full-time class was awarded financial aid (about 120 incoming students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$7,828
Institutional grants & scholarships63%$500
Federal Pell grants100%$6,800
State/local grants29%$1,630
Federal student loans82%$3,500

Undergraduate Grant Aid at College of Business and Technology-Cutler Bay

The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, about 99% of undergraduates were awarded grant or scholarship aid averaging $7,620 (among about 260 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)99%$7,620
Federal Pell grants82%$6,835
Federal student loans82%$2,241

For students living on campus and receiving title-IV aid, grants averaged $7,354.

Net Price by Family Income at College of Business and Technology-Cutler Bay

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$17,375
$30,001 – $75,000$17,972

The numbers above are post-aid net prices, so they already account for grants and scholarships.

What a Degree Really Costs at College of Business and Technology-Cutler Bay

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$17,416
Off-campus title-IV students$17,375

To project your own net price, use CBT College - Cutler Bay’s net price tool: www.cbt.edu/Net-Price-Calculator/npcalc.htm.

Median Student Debt for Graduates of College of Business and Technology-Cutler Bay

Graduating students at CBT College - Cutler Bay carry a median federal student debt of $8,500 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$8,500
Median federal debt (graduates only)$8,550
Typical 10-year monthly payment (graduates)$90.64/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

How Debt Is Distributed Across Students

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 CBT College - Cutler Bay.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$4,150
25th percentile$8,074
75th percentile$9,500
90th percentile (highest-debt students)$21,640

Debt Outcomes by Student Group at College of Business and Technology-Cutler Bay

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$8,500
Middle income$8,550
High income$9,500

By First-Generation Status

CohortMedian federal debt
First-generation students$8,500
Continuing-generation students$8,525

By Dependency Status

CohortMedian federal debt
Dependent students$5,500
Independent students$8,600

Is the Debt Manageable?

The Department of Education computes summary indicators that describe debt outcomes at a glance. CBT College - Cutler Bay.

Federal Loan Volume at College of Business and Technology-Cutler Bay

The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at CBT College - Cutler Bay:

MetricValue
Stafford loan recipients7282
Total Stafford loan amount$77,269,473

Veteran and Military Aid at College of Business and Technology-Cutler Bay

Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients3
Total GI Bill amount$25,800
Average GI Bill amount per recipient$8,600

College of Business and Technology-Cutler Bay Financial Aid Resources

References

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