by our College Data Analytics TeamThe majority of students will never be charged 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 price tag of going to Los Angeles Trade Technical College can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial assistance options will Los Angeles Trade Technical College offer, and what will you qualify for? Read on for more information. Scroll down to see how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from Los Angeles Trade Technical College.
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.
For freshmen starting at Los Angeles Trade Technical College, 87% of first-time, full-time freshmen received some form of financial aid approximately 815 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $6,746 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 68% | $5,480 |
| State/local grants | 86% | $2,380 |
| Federal student loans | 1% | $9,006 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Los Angeles Trade Technical College, roughly 59% of the undergraduate population received grant aid that averaged $4,262 (across roughly 7404 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $4,262 |
| Federal Pell grants | 32% | $4,363 |
| Federal student loans | 1% | $7,380 |
Title-IV recipients living on campus saw average grant aid of $8,134.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $10,275 |
| $30,001 – $75,000 | $11,438 |
| Over $75,000 | $14,444 |
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 | $12,323 |
| Off-campus title-IV students | $10,658 |
For an estimate tailored to your family circumstances, see Los Angeles Trade Technical College’s official net price calculator: www.lattc.edu/financial-aid/can-i-afford-college.
The middle student in the debt distribution at Los Angeles Trade Technical College owes $9,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $10,500 |
| Typical 10-year monthly payment (graduates) | $111.32/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Los Angeles Trade Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,250 |
| 25th percentile | $3,500 |
| 75th percentile | $11,500 |
| 90th percentile (highest-debt students) | $18,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,750 |
The figure below distills the debt data into a single burden category for Los Angeles Trade Technical College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Los Angeles Trade Technical College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2809 |
| Total Stafford loan amount | $28,190,919 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.