by our College Data Analytics TeamA large number of students will not be asked to pay 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 sum total of attendance at Commonwealth Technical Institute can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial assistance solutions will CTI deliver, and just what are you going to be eligible for? Read on for answers. Keep reading to find out what amount of financial assistance will be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Commonwealth Technical Institute.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. 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 Commonwealth Technical Institute, 59% of new full-time first-years were awarded at least some aid (about 32 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $9,162 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 59% | $8,126 |
| State/local grants | 59% | $348 |
| Federal student loans | 0% | — |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at CTI, around 55% of undergraduates were awarded an average grant or scholarship of $10,015 (for some 73 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $10,015 |
| Federal Pell grants | 55% | $9,275 |
| Federal student loans | 0% | — |
Title-IV recipients living on campus saw average grant aid of $9,162.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $12,199 |
| $30,001 – $75,000 | $14,866 |
| Over $75,000 | $14,421 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $11,714 |
| Off-campus title-IV students | $12,882 |
For a personalized estimate based on your family’s financial situation, use CTI’s NPC: www.dli.pa.gov/Individuals/Disability-Services/CTI-HGAC/Pages/Financial-Aid.aspx.
Federal data publishes pre-calculated indicators that summarize debt outcomes. CTI.
References
More about our data sources and methodologies.