by our College Data Analytics TeamMany students will not be asked to pay 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 sum total of attendance at Miami Lakes Educational Center and Technical College can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial assistance solutions will Miami Lakes Educational Center and Technical College deliver, and just what are you going to be eligible for? Read on for answers. Keep scrolling to discover 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. The information provided on this page can help you determine how much aid you may receive from Miami Lakes Educational Center and 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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at Miami Lakes Educational Center and Technical College, 48% of new full-time first-years were awarded at least some aid some 192 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 48% | $2,983 |
| Institutional grants & scholarships | 10% | $863 |
| Federal Pell grants | 29% | $3,655 |
| State/local grants | 21% | $1,071 |
| Federal student loans | 0% | — |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Miami Lakes Educational Center and Technical College, approximately 25% of the undergraduate population received grant aid that averaged $4,698 (for some 386 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 25% | $4,698 |
| Federal Pell grants | 16% | $5,000 |
| Federal student loans | 0% | — |
On-campus students receiving title-IV aid were awarded grants averaging $6,246.
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 | $98 |
| $30,001 – $75,000 | $1,234 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $2,839 |
| Off-campus title-IV students | $98 |
For a customized cost estimate, visit Miami Lakes Educational Center and Technical College’s net price tool: miamilakes.edu/wp-content/uploads/2019/10/index.html.
These indicators are derived from the underlying debt data and summarize the overall picture at Miami Lakes Educational Center and Technical College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Miami Lakes Educational Center and Technical College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 102 |
| Total Stafford loan amount | $330,111 |
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.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 12 |
| Total GI Bill amount | $27,652 |
| Average GI Bill amount per recipient | $2,304 |
References
More about our data sources and methodologies.