by our College Data Analytics TeamMany students will not be asked to pay 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 sum total of attendance at Orion Technical College can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financing solutions does Hamilton Technical College deliver, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to learn what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Orion Technical College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at Orion Technical College, 62% of first-year full-time students received aid of some kind approximately 8 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 54% | $4,802 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 54% | $4,694 |
| State/local grants | 0% | — |
| Federal student loans | 62% | $5,722 |
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 Hamilton Technical College, some 40% of the undergraduate population received grant aid that averaged $5,730 (covering around 29 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 40% | $5,730 |
| Federal Pell grants | 40% | $5,548 |
| Federal student loans | 42% | $7,689 |
On-campus students receiving title-IV aid were awarded grants averaging $4,202.
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 | $19,587 |
| $30,001 – $75,000 | $22,586 |
| Over $75,000 | $26,127 |
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 | $26,439 |
| Off-campus title-IV students | $20,489 |
To get a personalized net price estimate, try Hamilton Technical College’s official net price calculator: orion.edu/net-price-calculator-2/.
The median federal debt load at Hamilton Technical College comes to $9,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/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. Use the percentiles below to see the debt range at Hamilton Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,015 |
| 25th percentile | $5,500 |
| 75th percentile | $20,865 |
| 90th percentile (highest-debt students) | $33,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for Hamilton Technical College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Hamilton Technical College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3099 |
| Total Stafford loan amount | $43,144,510 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $37,254 |
| Average GI Bill amount per recipient | $12,418 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.