by our College Data Analytics TeamMost 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 cost of going to ETI Technical College of Niles can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial assistance options will ETI Technical College offer, and what will you qualify for? Read on for more information. Keep reading to discover just how much financial aid could be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from ETI Technical College of Niles.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At ETI Technical College of Niles, 100% of entering full-time freshmen got some type of financial assistance approximately 17 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $9,634 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 94% | $8,353 |
| State/local grants | 12% | $8,744 |
| Federal student loans | 100% | $9,418 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at ETI Technical College, about 90% of undergraduate students received gift aid averaging $6,738 (across approximately 163 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $6,738 |
| Federal Pell grants | 83% | $6,832 |
| Federal student loans | 88% | $11,056 |
Title-IV recipients living on campus saw average grant aid of $9,067.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $13,283 |
| $30,001 – $75,000 | $15,495 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $13,665 |
| Off-campus title-IV students | $15,109 |
For a customized cost estimate, visit ETI Technical College’s net price tool: eticollege.edu/.
The median federal debt load at ETI Technical College comes to $12,255 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,255 |
| Median federal debt (graduates only) | $13,805 |
| Typical 10-year monthly payment (graduates) | $146.36/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at ETI Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $5,655 |
| 75th percentile | $16,595 |
| 90th percentile (highest-debt students) | $24,890 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $13,062 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,750 |
| Independent students | $13,355 |
These indicators are derived from the underlying debt data and summarize the overall picture at ETI Technical College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at ETI Technical College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2087 |
| Total Stafford loan amount | $30,674,609 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $23,483 |
| Average GI Bill amount per recipient | $7,828 |
References
More about our data sources and methodologies.