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ITI Technical College Financial Aid and Scholarship Details

97% Freshmen Get Financial Aid
$4,788 Average Grant & Scholarship
71% Undergrads Get Grant Aid

Most students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at ITI Technical College can sound overwhelming, but bear in mind that many students get some type of financial aid.

What financing options does ITI Technical College offer, and what will you qualify for? Keep scrolling for more information. Keep scrolling to see just how much financial aid could be open to you.

Importance of ITI Technical College Financial Aid Information

How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from ITI Technical College.

What First Years Receive at ITI Technical College

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

For incoming first-year students at ITI Technical College, 97% of new full-time first-years were awarded at least some aid around 161 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)77%$5,936
Institutional grants & scholarships0%
Federal Pell grants70%$5,613
State/local grants16%$2,385
Federal student loans84%$7,767

Grant Aid for Undergraduates at ITI Technical College

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At ITI Technical College, roughly 71% of undergrads got grants or scholarships worth on average $4,788 (among about 364 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)71%$4,788
Federal Pell grants65%$4,541
Federal student loans78%$5,691

Title-IV recipients living on campus saw average grant aid of $4,899.

Aid by Income Level at ITI Technical College

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage Net Price
$0 – $48,000$18,606
$30,001 – $75,000$19,603
Over $75,000$23,016

These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.

Net Price at ITI Technical College

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$20,850
Off-campus title-IV students$19,862

For a customized cost estimate, visit ITI Technical College’s online cost calculator: www.iticollege.edu/netpricecalculator.

How Much Students Borrow at ITI Technical College

The median student at ITI Technical College graduates with $12,214 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$12,214
Median federal debt (graduates only)$15,006
Typical 10-year monthly payment (graduates)$159.09/mo

At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.

The Full Range of Student Debt

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at ITI Technical College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,496
25th percentile$6,334
75th percentile$18,309
90th percentile (highest-debt students)$24,169

Debt by Student Cohort at ITI Technical College

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

Debt by Income Tier

Income tierMedian federal debt
Low income$11,206
Middle income$12,798
High income$13,824

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$12,022
Continuing-generation students$12,945

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$11,093
Independent students$12,913

Summary Debt Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. ITI Technical College.

Federal Student Loans at ITI Technical College

Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at ITI Technical College:

MetricValue
Stafford loan recipients5058
Total Stafford loan amount$63,122,188

GI Bill and DoD Benefits at ITI Technical College

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

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients30
Total GI Bill amount$125,852
Average GI Bill amount per recipient$4,195

ITI Technical College Financial Aid Resources

References

More about our data sources and methodologies.

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