by our College Data Analytics TeamThe majority of students will not be asked to pay 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 Medical Training College can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financing solutions does Medical Training College deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on to see how much school funding could be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Medical Training College.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at Medical Training College, 100% of entering full-time freshmen got some type of financial assistance some 62 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $7,385 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 92% | $5,292 |
| State/local grants | 34% | $5,706 |
| Federal student loans | 77% | $3,897 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Medical Training College, about 74% of the undergraduate population received grant aid that averaged $6,889 (covering around 210 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 74% | $6,889 |
| Federal Pell grants | 71% | $4,805 |
| Federal student loans | 63% | $4,059 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,662.
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 | $18,274 |
| $30,001 – $75,000 | $19,632 |
| Over $75,000 | $25,147 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $21,331 |
| Off-campus title-IV students | $19,106 |
For a personalized estimate based on your family’s financial situation, use Medical Training College’s online cost calculator: mtcbr.com/admissions/gainful-employment/.
The median student at Medical Training College graduates with $5,671 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,671 |
| Median federal debt (graduates only) | $5,845 |
| Typical 10-year monthly payment (graduates) | $61.97/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Medical Training College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,492 |
| 25th percentile | $4,004 |
| 75th percentile | $5,500 |
| 90th percentile (highest-debt students) | $7,980 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $5,843 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,607 |
| Continuing-generation students | $5,843 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $5,892 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Medical Training College.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Medical Training College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2693 |
| Total Stafford loan amount | $13,914,010 |
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 | 4 |
| Total GI Bill amount | $45,620 |
| Average GI Bill amount per recipient | $11,405 |
References
More about our data sources and methodologies.