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Can You Afford to Attend Erie Institute of Technology Inc?

This guide covers the real cost of attending Erie Institute of Technology Inc, covering the cost range, projected degree costs, net price, debt at graduation, default rates, and aid distribution patterns.

$25,406.00 Cost of Attendance
$30,164.00 Avg Net Price
$8,835.00 Median Grad Debt

If you want to dig into a particular figure, jump to any section below:

How Much Does It Cost to Attend Erie Institute of Technology Inc?

Published attendance costs at Erie Institute of Technology Inc stands at about $25,406.00 a year.

The three scenarios below move from the full sticker price, to the net price after average aid, to the net price low-income students typically pay.

Sticker Cost for Students (no aid)

Tuition and fees $15,264.00
+ Room, board & other expenses $10,142.00
Total cost $25,406.00
That is 23% below the national average net price.

What Students Actually Pay — Students (with average aid)

Total cost $25,406.00
− Grants and scholarships −$8,307.00
Net price $17,099.00
That is 48% below the national average net price.

Net Price for Low-Income Undergraduates

Total cost $25,406.00
− Grants and scholarships −$9,574.00
Net price $15,832.00
That is 52% below the national average net price.
Want the line-by-line detail? Dig into tuition and fees plus living costs.

The Long-Run Cost of a Degree at Erie Institute of Technology Inc

Published costs have climbed year over year by around 2.3% per year; the projections below compound that across a degree. Below, the cost is projected across a degree for three students at once — low-income with aid, average aid, and no aid. Loan totals assume a ten-year repayment at 6.8%.

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 2.3% 2.3% 2.3%
Freshman year $16,192.00 $17,488.00 $25,984.00
Senior year $17,321.00 $18,708.00 $27,796.00
Total 4-year net price $67,010.00 $72,372.00 $107,532.00
10-year loan interest @ 6.8% $25,528.00 $27,571.00 $40,966.00
Total monthly payment $771.00 $833.00 $1,237.00
Total amount paid $92,538.00 $99,943.00 $148,498.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 2.3% 2.3% 2.3%
Freshman year $16,192.00 $17,488.00 $25,984.00
Senior year $16,560.00 $17,885.00 $26,574.00
Total 2-year net price $32,752.00 $35,373.00 $52,558.00
10-year loan interest @ 6.8% $12,477.00 $13,476.00 $20,023.00
Total monthly payment $377.00 $407.00 $605.00
Total amount paid $45,229.00 $48,849.00 $72,580.00

For the complete net-price picture, see the Net Price section.

The Real Out-of-Pocket Cost at Erie Institute of Technology Inc

Net price strips out grant and scholarship aid to show what families really pay. For most families it is a more realistic figure than the published cost.

Average net price (on-campus) $30,164.00
Average net price (off-campus) $19,173.00

Net price varies sharply by family income, dropping as need-based aid grows. Below, average net price is broken out by family income:

Family income Average net price
Under $30,000 $17,917.00
$30,000 to $48,000 $17,548.00
$48,001 to $75,000 $20,954.00
$75,001 to $110,000 $20,664.00
Over $110,000 $21,617.00

Run your own numbers with the Erie Institute of Technology Inc Net Price Calculator, or contact the financial aid office.

Dig into how aid is awarded on the financial aid breakdown.

Student Debt at Erie Institute of Technology Inc

The typical debt load for borrowers leaving Erie Institute of Technology Inc comes to $8,835.00, placing the school in the Very Low (<$10k) burden tier.

Here’s how debt at graduation distributes across borrowers:

Percentile Debt at graduation
10th $3,167.00
25th $6,333.00
Median (50th) $8,835.00
75th $13,875.00
90th $18,250.00

The gap between 10th and 90th percentile borrowers gives a sense of how uneven debt outcomes are.

Dig deeper into debt on the student-loan-debt breakdown.

How Debt Varies by Income at Erie Institute of Technology Inc

Family income tracks closely with debt at graduation. The figures below split graduating borrowers into three income brackets:

Family income Median debt at graduation
Low income $7,795.00
Middle income $9,500.00
High income $8,977.00

First-Gen vs Continuing-Gen Debt at Erie Institute of Technology Inc

Debt at graduation often differs for first-generation students.

Student group Median debt at graduation
First-generation students $8,233.00
Continuing-generation students $10,917.00

Pell Grant Recipients and Debt at Erie Institute of Technology Inc

Pell Grants are the largest source of federal need-based aid for undergrads. Looking at Pell recipients versus non-recipients tells us how debt is distributed across need.

The median debt difference between Pell-eligible and non-Pell graduates of Erie Institute of Technology Inc comes to $-926.00.

How Borrowers Repay Loans After Erie Institute of Technology Inc

The federal default-rate tier for Erie Institute of Technology Inc is Low (<5%).

Window Cohort default rate
2-year 19.1%

For a sense of scale, Stafford disbursements at Erie Institute of Technology Inc total $21,977,284.00 spread across 1,829 recipients.

Veteran Benefits at Erie Institute of Technology Inc

Veterans and active-duty service members may qualify for substantial federal education benefits including the Post-9/11 GI Bill and Department of Defense Tuition Assistance.

GI Bill recipients 19
Avg GI Bill amount $10,205.00

Read more about military and veteran aid on the veteran aid breakdown.

Further Questions to Consider

The data above is a foundation; round it out by asking yourself about Erie Institute of Technology Inc, think through the questions below:

Dig Deeper on Erie Institute of Technology Inc

Dig further into the cost picture with the related pages below:

Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.

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