by our College Data Analytics TeamMost students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Manatee Technical College can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial assistance options will MTC offer, and what will you qualify for? Read on for more information. Keep reading to discover what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Manatee Technical College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Manatee Technical College, 85% of first-time, full-time freshmen received some form of financial aid approximately 851 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $3,211 |
| Institutional grants & scholarships | 27% | $851 |
| Federal Pell grants | 31% | $5,695 |
| State/local grants | 28% | $2,542 |
| Federal student loans | 0% | — |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at MTC, some 58% of undergraduates were awarded an average grant or scholarship of $3,677 (for some 996 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 58% | $3,677 |
| Federal Pell grants | 26% | $4,868 |
| Federal student loans | 0% | — |
For students living on campus and receiving title-IV aid, grants averaged $2,385.
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 | $7,371 |
| $30,001 – $75,000 | $7,573 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $1,808 |
| Off-campus title-IV students | $2,991 |
To get a personalized net price estimate, try MTC’s net price tool: www.manateetech.edu/future-students/financial-aid-2/.
Federal data publishes pre-calculated indicators that summarize debt outcomes. MTC.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at MTC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 21 |
| Total Stafford loan amount | $87,384 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 75 |
| Total GI Bill amount | $277,605 |
| Average GI Bill amount per recipient | $3,701 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.