by our College Data Analytics TeamA large number of students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Digital Media Institute can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financial aid solutions can Digital Media Institute at InterTech deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading 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 Digital Media Institute.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For freshmen starting at Digital Media Institute, 71% of first-time, full-time freshmen received some form of financial aid roughly 10 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 50% | $8,448 |
| Institutional grants & scholarships | 29% | $12,000 |
| Federal Pell grants | 50% | $1,477 |
| State/local grants | 0% | — |
| Federal student loans | 29% | $2,598 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Digital Media Institute at InterTech, about 28% of undergraduate students received gift aid averaging $8,214 (across approximately 14 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 28% | $8,214 |
| Federal Pell grants | 28% | $2,254 |
| Federal student loans | 20% | $2,623 |
For on-campus title-IV students, average grant aid came to $5,259.
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 | $11,872 |
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 | $30,205 |
| Off-campus title-IV students | $11,872 |
For an estimate tailored to your family circumstances, see Digital Media Institute at InterTech’s official net price calculator: www.npcalc.dmi.edu/.
The middle student in the debt distribution at Digital Media Institute at InterTech owes $5,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
A handful of calculated indicators summarize the debt outlook at Digital Media Institute at InterTech.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Digital Media Institute at InterTech:
| Metric | Value |
|---|---|
| Stafford loan recipients | 64 |
| Total Stafford loan amount | $433,229 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $30,613 |
| Average GI Bill amount per recipient | $10,204 |
References
More about our data sources and methodologies.