by our College Data Analytics TeamThe majority of students are not billed 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 price tag of going to Clover Park Technical College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial assistance options will CPTC offer you, and what will you qualify for? Read on for more information. Read on to learn what amount of financial assistance will be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Clover Park Technical College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Clover Park Technical College, 59% of new full-time first-years were awarded at least some aid roughly 230 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $7,877 |
| Institutional grants & scholarships | 17% | $2,192 |
| Federal Pell grants | 34% | $5,033 |
| State/local grants | 50% | $4,032 |
| Federal student loans | 6% | $5,713 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At CPTC, some 31% of undergrads got grants or scholarships worth on average $8,348 (across roughly 942 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 31% | $8,348 |
| Federal Pell grants | 18% | $5,405 |
| Federal student loans | 5% | $7,211 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $9,018.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $3,283 |
| $30,001 – $75,000 | $3,341 |
| Over $75,000 | $11,134 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $9,864 |
| Off-campus title-IV students | $3,912 |
For a personalized estimate based on your family’s financial situation, use CPTC’s NPC: www.cptc.edu/calc.
Graduating students at CPTC carry a median federal student debt of $9,063 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,063 |
| Median federal debt (graduates only) | $12,112 |
| Typical 10-year monthly payment (graduates) | $128.41/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at CPTC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,427 |
| 25th percentile | $4,750 |
| 75th percentile | $15,532 |
| 90th percentile (highest-debt students) | $22,625 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,639 |
| Middle income | $8,361 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,278 |
| Continuing-generation students | $8,708 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,632 |
A handful of calculated indicators summarize the debt outlook at CPTC.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at CPTC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9172 |
| Total Stafford loan amount | $110,782,485 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 360 |
| Total GI Bill amount | $2,146,955 |
| Average GI Bill amount per recipient | $5,964 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 12 |
| Total DoD amount | $17,899 |
| Average DoD amount per recipient | $1,492 |
References
More about our data sources and methodologies.