by our College Data Analytics TeamMany students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Central Technology Center can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial aid solutions can Central Tech deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to find out how much school funding will be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Central Technology 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. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at Central Technology Center, 39% of first-time, full-time freshmen received some form of financial aid around 226 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 39% | $2,945 |
| Institutional grants & scholarships | 29% | $1,553 |
| Federal Pell grants | 16% | $3,902 |
| State/local grants | 8% | $612 |
| Federal student loans | 0% | — |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, some 31% of undergrads got grants or scholarships worth on average $2,148 (for some 526 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 31% | $2,148 |
| Federal Pell grants | 5% | $3,902 |
| Federal student loans | 0% | — |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,495.
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 | $2,674 |
| Off-campus title-IV students | $1,026 |
To get a personalized net price estimate, try Central Tech’s NPC: centraltech.edu/wp-content/uploads/2019/01/NetPrice2017/npcalc.htm.
These indicators are derived from the underlying debt data and summarize the overall picture at Central Tech.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Central Tech:
| Metric | Value |
|---|---|
| Stafford loan recipients | 29 |
| Total Stafford loan amount | $162,879 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 16 |
| Total GI Bill amount | $64,264 |
| Average GI Bill amount per recipient | $4,017 |
References
More about our data sources and methodologies.