by our College Data Analytics TeamMost students are not billed 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 cost of going to Greater Lowell Technical School can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial assistance solutions will Greater Lowell Technical School deliver, and just what are you going to be eligible for? Read on for answers. Keep reading to find out just how much financial aid will be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Continue reading to find information to help you understand just how much assistance you can expect to receive from Greater Lowell Technical School.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Greater Lowell Technical School, 45% of the incoming full-time class was awarded financial aid around 5 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 36% | $7,395 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 36% | $7,395 |
| State/local grants | 0% | — |
| Federal student loans | 18% | $6,500 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Greater Lowell Technical School, roughly 30% of undergraduate students received gift aid averaging $6,104 (covering around 25 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 30% | $6,104 |
| Federal Pell grants | 30% | $6,104 |
| Federal student loans | 28% | $5,096 |
For on-campus title-IV students, average grant aid came to $7,395.
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 | $19,705 |
| $30,001 – $75,000 | $24,255 |
| Over $75,000 | $23,555 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $19,205 |
| Off-campus title-IV students | $22,505 |
For a customized cost estimate, visit Greater Lowell Technical School’s official net price calculator: www2.gltech.org/NetPrice/.
The median student at Greater Lowell Technical School graduates with $7,833 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,833 |
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Greater Lowell Technical School.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,000 |
| 75th percentile | $8,937 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Middle income | $8,920 |
The figure below distills the debt data into a single burden category for Greater Lowell Technical School.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Greater Lowell Technical School:
| Metric | Value |
|---|---|
| Stafford loan recipients | 472 |
| Total Stafford loan amount | $2,572,241 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $2,710 |
| Average GI Bill amount per recipient | $2,710 |
References
More about our data sources and methodologies.