by our College Data Analytics TeamA lot of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Meridian Technology Center can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial assistance solutions will Meridian Technology Center deliver, and just what are you going to be eligible for? Read on for answers. Scroll down to learn what amount of financial assistance will be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Meridian Technology 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 incoming first-year students at Meridian Technology Center, 59% of first-time, full-time freshmen received some form of financial aid (about 34 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $5,488 |
| Institutional grants & scholarships | 33% | $1,386 |
| Federal Pell grants | 38% | $7,197 |
| State/local grants | 5% | $648 |
| 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. At Meridian Technology Center, about 24% of undergraduate students received gift aid averaging $4,529 (covering around 234 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 24% | $4,529 |
| Federal Pell grants | 12% | $7,160 |
| Federal student loans | 0% | — |
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $4,481 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The Department of Education computes summary indicators that describe debt outcomes at a glance. Meridian Technology Center.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Meridian Technology Center:
| Metric | Value |
|---|---|
| Stafford loan recipients | 47 |
| Total Stafford loan amount | $231,062 |
References
More about our data sources and methodologies.