by our College Data Analytics TeamMost students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Global Medical & Technical Training Institute can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial assistance solutions will Global Medical & Technical Training Institute deliver, and just what are you going to be eligible for? Read on for answers. Keep scrolling to learn how much school funding will be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Global Medical & Technical Training Institute.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at Global Medical & Technical Training Institute, 100% of new full-time first-years were awarded at least some aid (about 507 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $4,729 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $4,729 |
| State/local grants | 0% | — |
| Federal student loans | 97% | $6,126 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, around 99% of the undergraduate population received grant aid that averaged $5,290 (among about 538 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $5,290 |
| Federal Pell grants | 99% | $5,290 |
| Federal student loans | 97% | $6,252 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,458.
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 | $33,927 |
| $30,001 – $75,000 | $37,574 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $35,823 |
| Off-campus title-IV students | $33,927 |
For a personalized estimate based on your family’s financial situation, use Global Medical & Technical Training Institute’s net price calculator: www.gmtti.edu/financial-assistance/.
The median student at Global Medical & Technical Training Institute graduates with $8,234 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,234 |
| Median federal debt (graduates only) | $8,709 |
| Typical 10-year monthly payment (graduates) | $92.33/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
These indicators are derived from the underlying debt data and summarize the overall picture at Global Medical & Technical Training Institute.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Global Medical & Technical Training Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 353 |
| Total Stafford loan amount | $2,814,984 |
References
More about our data sources and methodologies.