by our College Data Analytics TeamMany students will never be charged 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 total price of attendance at Georgia Institute of Technology-Main Campus can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financing options does Georgia Tech offer, and what will you qualify for? Keep scrolling for more information. Scroll down to see 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 Georgia Institute of Technology-Main Campus.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Georgia Institute of Technology-Main Campus, 73% of first-time, full-time freshmen received some form of financial aid around 2745 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $13,842 |
| Institutional grants & scholarships | 30% | $10,698 |
| Federal Pell grants | 12% | $5,764 |
| State/local grants | 58% | $10,218 |
| Federal student loans | 17% | $4,917 |
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 Georgia Tech, roughly 71% of the undergraduate population received grant aid that averaged $12,022 (covering around 13856 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $12,022 |
| Federal Pell grants | 14% | $5,360 |
| Federal student loans | 17% | $5,834 |
For students living on campus and receiving title-IV aid, grants averaged $16,051.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,183 |
| $30,001 – $75,000 | $11,404 |
| Over $75,000 | $17,072 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $12,116 |
| Off-campus title-IV students | $13,289 |
For a customized cost estimate, visit Georgia Tech’s official net price calculator: admission.gatech.edu/npc_2023/.
A typical borrower at Georgia Tech leaves with $20,000 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $20,000 |
| Median federal debt (graduates only) | $21,672 |
| Typical 10-year monthly payment (graduates) | $229.76/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at Georgia Tech.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $11,500 |
| 75th percentile | $30,750 |
| 90th percentile (highest-debt students) | $37,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $20,048 |
| Middle income | $20,500 |
| High income | $19,834 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $20,048 |
| Continuing-generation students | $19,952 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,515 |
| Independent students | $25,406 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Georgia Tech.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Georgia Tech:
| Metric | Value |
|---|---|
| Stafford loan recipients | 24208 |
| Total Stafford loan amount | $525,059,123 |
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 | 317 |
| Total GI Bill amount | $3,029,460 |
| Average GI Bill amount per recipient | $9,557 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 228 |
| Total DoD amount | $607,108 |
| Average DoD amount per recipient | $2,663 |
References
More about our data sources and methodologies.