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How Affordable Is Laurel Technical Institute?

Here’s the full picture on paying for Laurel Technical Institute, including attendance costs, projected four- and two-year degree costs, average net price, debt outcomes, and how aid is distributed across income levels.

$15,122.00 Cost of Attendance
$6,778.00 Avg Net Price
$9,080.00 Median Grad Debt

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Cost of Attendance at Laurel Technical Institute?

The cost of attendance at Laurel Technical Institute stands at about $15,122.00 for a single academic year.

Below, the published cost is shown three ways — the full sticker price with no aid, the net price after the average grant package, and the net price for low-income students who typically receive the most aid.

Cost for Students (no aid)

Tuition and fees $13,431.00
+ Room, board & other expenses $1,691.00
Total cost $15,122.00
That is 54% below the national average net price.

Net Price for Students (with average aid)

Total cost $15,122.00
− Grants and scholarships −$7,492.00
Net price $7,630.00
That is 77% below the national average net price.

Low-Income Net Price for Undergraduates

Total cost $15,122.00
− Grants and scholarships −$9,737.00
Net price $5,385.00
That is 84% below the national average net price.
Go deeper on the components with tuition and fees and room and board.

Projected Degree Cost at Laurel Technical Institute

Costs have trended upward in recent years at a recent average of 7.0% annually, so the projections below total more than one year of attendance. The detailed projections below compare a degree for a low-income aided student, an average-aid student, and a no-aid student. Loan figures amortise the projected total over ten years at 6.8%.

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 7.0% 7.0% 7.0%
Freshman year $5,764.00 $8,167.00 $16,186.00
Senior year $7,068.00 $10,014.00 $19,848.00
Total 4-year net price $25,604.00 $36,279.00 $71,901.00
10-year loan interest @ 6.8% $9,754.00 $13,821.00 $27,392.00
Total monthly payment $295.00 $417.00 $827.00
Total amount paid $35,359.00 $50,100.00 $99,293.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 7.0% 7.0% 7.0%
Freshman year $5,764.00 $8,167.00 $16,186.00
Senior year $6,169.00 $8,741.00 $17,324.00
Total 2-year net price $11,933.00 $16,908.00 $33,510.00
10-year loan interest @ 6.8% $4,546.00 $6,441.00 $12,766.00
Total monthly payment $137.00 $195.00 $386.00
Total amount paid $16,479.00 $23,349.00 $46,277.00

Read more in the net-price section.

Net Price — What Students Actually Pay at Laurel Technical Institute

The net price figure shows the cost after grants and scholarships are deducted. For most families it is a more realistic figure than the published cost.

Average net price (on-campus) $6,778.00
Average net price (off-campus) $9,139.00

Net price is far from uniform: lower-income families typically pay much less after aid. Below, average net price is broken out by family income:

Family income Average net price
Under $30,000 $7,385.00
$30,000 to $48,000 $4,779.00
$48,001 to $75,000 $10,844.00
$75,001 to $110,000 $14,594.00
Over $110,000 $13,459.00

Get a tailored estimate from the Laurel Technical Institute Net Price Calculator, or get in touch with the financial aid office.

Dig into how aid is awarded on the grants & scholarships detail.

Borrowing and Debt at Laurel Technical Institute

The typical debt load for borrowers leaving Laurel Technical Institute stands at $9,080.00, which federal data classifies as a Very Low (<$10k) debt-burden category.

The percentile spread of debt at graduation is shown below:

Percentile Debt at graduation
10th $2,750.00
25th $4,750.00
Median (50th) $9,080.00
75th $14,750.00
90th $20,418.00

The spread between the 10th and 90th percentiles reflects how variable debt outcomes are at this school.

Explore borrowing, repayment, and default in detail on the student loan debt page.

How Debt Varies by Income at Laurel Technical Institute

Debt at graduation is far from uniform across income levels. Below the data splits borrowers across three income groups:

Family income Median debt at graduation
Low income $9,079.00
Middle income $9,480.00
High income $9,468.00

First-Generation Borrowing at Laurel Technical Institute

First-generation students frequently graduate with different debt than continuing-generation students.

Student group Median debt at graduation
First-generation students $9,072.00
Continuing-generation students $10,171.00

Pell-Eligible Debt Outcomes at Laurel Technical Institute

Pell Grants are the largest source of federal need-based aid for undergrads. The Pell vs non-Pell debt gap reveals how borrowing differs by need.

The Pell-versus-non-Pell median debt difference at Laurel Technical Institute comes to $494.00. Federal data flags this school for Pell-related debt inequity.

Default Rates and Repayment at Laurel Technical Institute

The default-rate classification at Laurel Technical Institute is Low (<5%).

Window Cohort default rate
2-year 10.2%

For context on the loan portfolio, Stafford disbursements at Laurel Technical Institute come to $28,463,077.00 distributed across 2,585 borrowers.

GI Bill and Military Aid at Laurel Technical Institute

Veterans and current servicemembers may be eligible for major federal education benefits such as the Post-9/11 GI Bill and DoD Tuition Assistance.

GI Bill recipients 6
Avg GI Bill amount $17,260.00

Dig into veteran education benefits on the veterans benefits detail.

Questions Worth Asking

Beyond the data above, it helps to ask a few questions when weighing Laurel Technical Institute, keep these questions in mind:

Dig Deeper about Laurel Technical Institute

Use the pages below to go deeper on a specific part of the cost story:

Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.

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