by our College Data Analytics TeamA large number of 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 total price of attendance at Indiana County Technology Center can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial aid options can ICTC offer you, and what will you qualify for? Keep reading for more information. Read on to see how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Indiana County Technology Center.
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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Indiana County Technology Center, 80% of new full-time first-years were awarded at least some aid roughly 12 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $7,304 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 53% | $5,186 |
| State/local grants | 33% | $9,233 |
| Federal student loans | 53% | $6,164 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At ICTC, some 70% of undergrads got grants or scholarships worth on average $7,062 (among about 85 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $7,062 |
| Federal Pell grants | 62% | $5,146 |
| Federal student loans | 69% | $6,349 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,777.
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 | $11,553 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $18,822 |
| Off-campus title-IV students | $10,859 |
For a personalized estimate based on your family’s financial situation, use ICTC’s official net price calculator: www.ictc.edu/adult-education/ictc-net-price-calculator.
The median federal debt load at ICTC comes to $7,600 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,600 |
| Median federal debt (graduates only) | $10,901 |
| Typical 10-year monthly payment (graduates) | $115.57/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at ICTC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,555 |
| 25th percentile | $4,750 |
| 75th percentile | $10,764 |
| 90th percentile (highest-debt students) | $15,206 |
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 | $8,296 |
| Middle income | $8,100 |
| High income | $6,765 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,400 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for ICTC.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at ICTC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 772 |
| Total Stafford loan amount | $7,055,194 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.