by our College Data Analytics TeamMost students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Interactive College of Technology can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial aid solutions can Interactive College of Technology - Pasadena deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to discover what amount of financial assistance could be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Interactive College of Technology.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. 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, 73% of new full-time first-years were awarded at least some aid around 8 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $7,541 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 73% | $6,586 |
| State/local grants | 0% | — |
| Federal student loans | 55% | $9,967 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Interactive College of Technology - Pasadena, about 76% of undergraduates were awarded an average grant or scholarship of $5,254 (across roughly 47 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $5,254 |
| Federal Pell grants | 76% | $4,596 |
| Federal student loans | 58% | $5,194 |
For on-campus title-IV students, average grant aid came to $7,541.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $12,441 |
| $30,001 – $75,000 | $13,001 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $12,629 |
| Off-campus title-IV students | $12,441 |
To project your own net price, use Interactive College of Technology - Pasadena’s net price tool: www.ict.edu/admissions/price-calculator/npc-tx/.
The median federal debt load at Interactive College of Technology - Pasadena comes to $5,300 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,300 |
| Median federal debt (graduates only) | $5,353 |
| Typical 10-year monthly payment (graduates) | $56.75/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Interactive College of Technology - Pasadena.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $564 |
| 25th percentile | $1,281 |
| 75th percentile | $4,988 |
| 90th percentile (highest-debt students) | $10,317 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $4,659 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,421 |
| Independent students | $5,298 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Interactive College of Technology - Pasadena.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Interactive College of Technology - Pasadena:
| Metric | Value |
|---|---|
| Stafford loan recipients | 849 |
| Total Stafford loan amount | $4,926,589 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $15,450 |
| Average GI Bill amount per recipient | $7,725 |
References
More about our data sources and methodologies.