College Factual  by our College Data Analytics Team
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Can You Really Afford Great Lakes Institute of Technology?

Below is the data on what it actually costs to attend Great Lakes Institute of Technology, including attendance costs, projected four- and two-year degree costs, average net price, debt outcomes, and how aid is distributed across income levels.

$17,540.00 Avg Net Price
$9,014.00 Median Grad Debt
Low (<5%) Default Rate

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

The Real Out-of-Pocket Cost at Great Lakes Institute of Technology

Net price strips out grant and scholarship aid to show what families really pay. For most prospective students, net price gives a more realistic estimate than sticker tuition.

Average net price (on-campus) $17,540.00
Average net price (off-campus) $17,265.00

Net price varies sharply by family income, dropping as need-based aid grows. The table below shows the average net price by family-income bracket:

Family income Average net price
Under $30,000 $17,348.00
$30,000 to $48,000 $18,661.00
$48,001 to $75,000 $18,557.00
$75,001 to $110,000 $20,557.00
Over $110,000 $23,555.00

Use Great Lakes Institute of Technology Net Price Calculator, or check with the financial aid office.

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

Borrowing and Debt at Great Lakes Institute of Technology

The median amount borrowed by graduates of Great Lakes Institute of Technology comes to $9,014.00, categorized as a Very Low (<$10k) burden tier.

Across borrowers, debt at graduation distributes like this:

Percentile Debt at graduation
10th $3,500.00
25th $6,439.00
Median (50th) $9,014.00
75th $13,399.00
90th $18,829.00

How far apart the 10th and 90th percentiles sit tells you how uneven debt outcomes are.

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

Debt Outcomes by Family Income at Great Lakes Institute of Technology

Debt at graduation is far from uniform across income levels. Below the data splits borrowers across three income groups:

Family income Median debt at graduation
Low income $9,500.00
Middle income $7,928.00
High income $7,929.00

Low-income graduates carry $1,571.00 more debt than high-income graduates.

How Debt Varies by First-Generation Status at Great Lakes Institute of Technology

Whether your parents attended college is associated with differences in median debt at graduation.

Student group Median debt at graduation
First-generation students $9,009.00
Continuing-generation students $9,168.00

Debt and Pell Grant Eligibility at Great Lakes Institute of Technology

The Pell Grant is the main federal need-based award for undergraduates. Comparing Pell recipients vs non-recipients shows how debt is distributed by need.

The gap between Pell-eligible and non-Pell median debt at Great Lakes Institute of Technology works out to $1,225.00. The Department of Education flags this school for a Pell-debt-inequity pattern.

Loan Default & Repayment at Great Lakes Institute of Technology

The federal default-rate classification for Great Lakes Institute of Technology is Low (<5%).

Window Cohort default rate
2-year 18.8%

For context on the loan portfolio, Stafford disbursements at Great Lakes Institute of Technology total $57,273,472.00 across 5,656 borrowers.

GI Bill and Military Aid at Great Lakes Institute of Technology

Veterans and current servicemembers may be eligible for major federal education benefits like the Post-9/11 GI Bill and DoD tuition assistance.

GI Bill recipients 10
Avg GI Bill amount $16,688.00

Read more about military and veteran aid on the college veterans page.

Further Questions to Consider

Use the figures above as a launch point, then think through Great Lakes Institute of Technology, the questions below are worth your time:

Continue Your Research about Great Lakes Institute of Technology

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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