by our College Data Analytics TeamMost 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 total price of attendance at Mobile Technical Training can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financial aid solutions can Mobile Technical Training deliver, and just what are you going to be eligible for? Keep reading for answers. Scroll down to find out just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Mobile Technical Training.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Mobile Technical Training, 100% of entering full-time freshmen got some type of financial assistance some 67 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $5,618 |
| Institutional grants & scholarships | 90% | $1,417 |
| Federal Pell grants | 97% | $4,064 |
| State/local grants | 6% | $4,000 |
| Federal student loans | 87% | $5,794 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, some 92% of undergraduate students received gift aid averaging $4,742 (for some 77 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $4,742 |
| Federal Pell grants | 87% | $3,618 |
| Federal student loans | 89% | $4,694 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,888.
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 | $13,686 |
| $30,001 – $75,000 | $15,224 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $13,643 |
| Off-campus title-IV students | $13,686 |
For an estimate tailored to your family circumstances, see Mobile Technical Training’s official net price calculator: nces.ed.gov/ipeds/netpricecalculator/.
Graduating students at Mobile Technical Training carry a median federal student debt of $6,365 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,365 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Mobile Technical Training.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Mobile Technical Training:
| Metric | Value |
|---|---|
| Stafford loan recipients | 133 |
| Total Stafford loan amount | $563,089 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 7 |
| Total GI Bill amount | $107,100 |
| Average GI Bill amount per recipient | $15,300 |
References
More about our data sources and methodologies.