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Interactive College of Technology-Gainesville Paying for Your Degree

64% Freshmen Get Financial Aid
$5,112 Average Grant & Scholarship
70% Undergrads Get Grant Aid

Most 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 price tag of going to Interactive College of Technology-Gainesville can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.

Just what financing solutions does Interactive College of Technology - Gainesville deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on to discover what amount of financial assistance could be accessible to you.

Why You Should Understand Interactive College of Technology - Gainesville Financial Aid Info

How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Interactive College of Technology-Gainesville.

Freshman Financial Aid at Interactive College of Technology-Gainesville

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. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

Looking at the entering class at Interactive College of Technology-Gainesville, 64% of entering full-time freshmen got some type of financial assistance roughly 9 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)64%$6,705
Institutional grants & scholarships0%
Federal Pell grants64%$6,266
State/local grants0%
Federal student loans29%$7,521

Scholarship and Grant Awards at Interactive College of Technology-Gainesville

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, approximately 70% of the undergraduate population received grant aid that averaged $5,112 (for some 33 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)70%$5,112
Federal Pell grants70%$4,838
Federal student loans34%$4,706

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,705.

How Cost Varies by Income at Interactive College of Technology-Gainesville

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$14,834
$30,001 – $75,000$15,502

The numbers above are post-aid net prices, so they already account for grants and scholarships.

The Real Cost of Attending Interactive College of Technology-Gainesville

Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.

CohortAverage Net Price
On-campus title-IV students$16,796
Off-campus title-IV students$14,834

To get a personalized net price estimate, try Interactive College of Technology - Gainesville’s online cost calculator: www.ict.edu/admissions/price-calculator/npc-ga/.

How Much Students Borrow at Interactive College of Technology-Gainesville

The median federal debt load at Interactive College of Technology - Gainesville comes to $8,661 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$8,661
Median federal debt (graduates only)$10,555
Typical 10-year monthly payment (graduates)$111.9/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

Where Student Debt Falls

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at Interactive College of Technology - Gainesville.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,695
25th percentile$3,361
75th percentile$9,556
90th percentile (highest-debt students)$12,039

How Debt Outcomes Vary by Student Group at Interactive College of Technology-Gainesville

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$8,532

By First-Generation Status

CohortMedian federal debt
First-generation students$8,672
Continuing-generation students$8,353

By Dependency Status

CohortMedian federal debt
Dependent students$6,817
Independent students$9,015

Calculated Debt-Outcome Indicators

A handful of calculated indicators summarize the debt outlook at Interactive College of Technology - Gainesville.

Federal Loan Volume at Interactive College of Technology-Gainesville

The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Interactive College of Technology - Gainesville:

MetricValue
Stafford loan recipients5426
Total Stafford loan amount$39,480,396

Aid for Military-Affiliated Students at Interactive College of Technology-Gainesville

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

GI Bill volume

MetricValue
GI Bill recipients0
Total GI Bill amount$0

External Resources for Interactive College of Technology-Gainesville

References

More about our data sources and methodologies.

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