by our College Data Analytics TeamMany 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 total price of attendance at M T Training Center can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financing solutions does M T Training Center provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to discover just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from M T Training Center.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. 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 M T Training Center, 83% of first-year full-time students received aid of some kind roughly 264 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $4,844 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 57% | $4,250 |
| State/local grants | 23% | $5,307 |
| Federal student loans | 15% | $7,564 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at M T Training Center, roughly 60% of undergraduates were awarded grant or scholarship aid averaging $5,799 (across approximately 342 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 60% | $5,799 |
| Federal Pell grants | 32% | $5,470 |
| Federal student loans | 52% | $7,163 |
For students living on campus and receiving title-IV aid, grants averaged $10,430.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,784 |
| $30,001 – $75,000 | $13,399 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $11,362 |
| Off-campus title-IV students | $9,784 |
To get a personalized net price estimate, try M T Training Center’s official net price calculator: mttrainingcenter.org/financial-assistance/net-price-calculator/.
Graduating students at M T Training Center carry a median federal student debt of $6,755 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,755 |
| Median federal debt (graduates only) | $6,755 |
| Typical 10-year monthly payment (graduates) | $71.61/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at M T Training Center.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,377 |
| 25th percentile | $4,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $11,474 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,755 |
The figure below distills the debt data into a single burden category for M T Training Center.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at M T Training Center:
| Metric | Value |
|---|---|
| Stafford loan recipients | 841 |
| Total Stafford loan amount | $6,474,649 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 28 |
| Total GI Bill amount | $323,223 |
| Average GI Bill amount per recipient | $11,544 |
References
More about our data sources and methodologies.