by our College Data Analytics TeamMost students will never be charged 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 price tag of going to Milwaukee Area Technical College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financing options does MATC offer you, and what will you qualify for? Keep scrolling for more information. Read on 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. Use the information below to understand how much financial assistance you may get from Milwaukee Area 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. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Milwaukee Area Technical College, 74% of first-year full-time students received aid of some kind around 672 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $8,523 |
| Institutional grants & scholarships | 27% | $5,489 |
| Federal Pell grants | 53% | $5,726 |
| State/local grants | 47% | $1,640 |
| Federal student loans | 26% | $5,491 |
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 MATC, some 48% of undergraduate students received gift aid averaging $5,909 (for some 6395 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 48% | $5,909 |
| Federal Pell grants | 40% | $4,074 |
| Federal student loans | 26% | $6,435 |
On-campus students receiving title-IV aid were awarded grants averaging $8,247.
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 | $8,242 |
| $30,001 – $75,000 | $9,494 |
| Over $75,000 | $15,830 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $9,112 |
| Off-campus title-IV students | $9,589 |
To project your own net price, use MATC’s net price calculator: www.matc.edu/costs-scholarships-aid/net-price-calculator/.
The median federal debt load at MATC comes to $9,248 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,248 |
| Median federal debt (graduates only) | $14,955 |
| Typical 10-year monthly payment (graduates) | $158.55/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at MATC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,177 |
| 75th percentile | $12,488 |
| 90th percentile (highest-debt students) | $21,628 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $8,250 |
| High income | $7,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $7,611 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,500 |
| Independent students | $10,125 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. MATC.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at MATC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 58351 |
| Total Stafford loan amount | $661,048,908 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 199 |
| Total GI Bill amount | $493,803 |
| Average GI Bill amount per recipient | $2,481 |
References
More about our data sources and methodologies.