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Island Drafting and Technical Institute Financial Aid and Scholarship Details

100% Freshmen Get Financial Aid
$10,179 Average Grant & Scholarship
81% Undergrads Get Grant Aid

A large number of students are not billed 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 sum total of attendance at Island Drafting and Technical Institute can sound overwhelming, but bear in mind that many students get some type of financial aid.

What financial assistance options will Island Drafting and Technical Institute offer, and what will you qualify for? Read on for more information. Keep going to find out what amount of financial assistance will be accessible to you.

Why You Should Understand Island Drafting and Technical Institute Aid Information

How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from Island Drafting and Technical Institute.

Average Freshman Financial Aid at Island Drafting and Technical Institute

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

For incoming first-year students at Island Drafting and Technical Institute, 100% of first-year full-time students received aid of some kind approximately 19 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)95%$10,526
Institutional grants & scholarships58%$2,500
Federal Pell grants79%$6,678
State/local grants58%$4,178
Federal student loans58%$5,500

Scholarship and Grant Awards at Island Drafting and Technical Institute

Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, some 81% of the undergraduate population received grant aid that averaged $10,179 (for some 43 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)81%$10,179
Federal Pell grants70%$6,723
Federal student loans68%$6,752

Title-IV recipients living on campus saw average grant aid of $11,529.

Income-Adjusted Net Price at Island Drafting and Technical Institute

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$18,894
$30,001 – $75,000$19,462
Over $75,000$29,601

Remember these are net prices — what families pay after gift aid, not before.

Average Net Price for Island Drafting and Technical Institute

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.

CohortAverage Net Price
On-campus title-IV students$22,104
Off-campus title-IV students$21,392

To get a personalized net price estimate, try Island Drafting and Technical Institute’s net price calculator: www.idti.edu/financialaid/npc/npcalc.htm.

Typical Student Debt at Island Drafting and Technical Institute

The middle student in the debt distribution at Island Drafting and Technical Institute owes $12,000 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$12,000

The Range of Student Debt at this School

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 Island Drafting and Technical Institute.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$5,500
25th percentile$9,380
75th percentile$17,512
90th percentile (highest-debt students)$20,550

Median Debt by Student Group at Island Drafting and Technical Institute

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$12,000

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$12,000
Independent students$15,801

Debt Burden Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at Island Drafting and Technical Institute.

Federal Stafford Lending at Island Drafting and Technical Institute

Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Island Drafting and Technical Institute:

MetricValue
Stafford loan recipients895
Total Stafford loan amount$8,952,152

Military and Veterans Aid at Island Drafting and Technical Institute

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients3
Total GI Bill amount$59,661
Average GI Bill amount per recipient$19,887

More Financial Aid Resources from Island Drafting and Technical Institute

References

More about our data sources and methodologies.

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