by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from Island Drafting and Technical Institute.
Island Drafting and Technical Institute average financial aid offer for freshmen students is $7,747.00. A significant 88% of freshmen benefit from financial aid, with the main type being grants and scholarships.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Island Drafting and Technical Institute.
In addition to scholarships, 57% of freshman students (24 total) obtained federal grant aid, averaging $6,099.00 a piece.
The stats and the chart below reference predominantly federal grants, as well as some local and state grants.
57% of freshmen at Island Drafting and Technical Institute (24 total) received a federal grant, averaging $6,099.00.
The following table displays scholarship and grant allocations by family income for freshman students receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 40.48% | $8,520.00 |
| Income 30k-48k | 9.52% | $8,284.00 |
| Income 48k-75k | 4.76% | $3,695.00 |
| Income 75k-110k | 7.14% | $2,208.00 |
| Income 110k + | 2.38% | $417.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
Of the 42 undergraduate students at Island Drafting and Technical Institute around 88% (28 total) receive some form of grant aid. The typical amount awarded was $7,747.00.The bulk of which are Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.