by our College Data Analytics TeamThe majority of 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 total price of attendance at Interactive College of Technology-Morrow can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financing solutions does Interactive College of Technology - Morrow provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to learn what amount of financial assistance will be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Interactive College of Technology-Morrow.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. 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 Interactive College of Technology-Morrow, 85% of first-year full-time students received aid of some kind roughly 28 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $6,587 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 79% | $6,032 |
| State/local grants | 0% | — |
| Federal student loans | 76% | $7,469 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, around 65% of undergraduates were awarded grant or scholarship aid averaging $5,595 (across approximately 74 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $5,595 |
| Federal Pell grants | 65% | $5,221 |
| Federal student loans | 49% | $6,074 |
On-campus students receiving title-IV aid were awarded grants averaging $6,117.
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 | $13,805 |
| $30,001 – $75,000 | $17,124 |
| Over $75,000 | $20,314 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $16,844 |
| Off-campus title-IV students | $14,970 |
For a customized cost estimate, visit Interactive College of Technology - Morrow’s online cost calculator: www.ict.edu/admissions/price-calculator/npc-ga/.
The middle student in the debt distribution at Interactive College of Technology - Morrow owes $8,661 of cumulative federal debt.
| Metric | Amount |
|---|---|
| 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.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at Interactive College of Technology - Morrow.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,695 |
| 25th percentile | $3,361 |
| 75th percentile | $9,556 |
| 90th percentile (highest-debt students) | $12,039 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,532 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,672 |
| Continuing-generation students | $8,353 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,817 |
| Independent students | $9,015 |
The figure below distills the debt data into a single burden category for Interactive College of Technology - Morrow.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Interactive College of Technology - Morrow:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5426 |
| Total Stafford loan amount | $39,480,396 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 20 |
| Total GI Bill amount | $145,101 |
| Average GI Bill amount per recipient | $7,255 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.