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Moraine Park Technical College Financial Aid Details

59% Freshmen Get Financial Aid
$4,544 Average Grant & Scholarship
24% Undergrads Get Grant Aid

Most students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Moraine Park Technical College can seem tremendous, but do not forget that almost all students are given some form of financial help.

What financial aid options can Moraine Park Technical College offer you, and what will you qualify for? Keep reading for more information. Keep reading to discover how much school funding could be available to you.

Why You Should Understand Moraine Park Technical College Financial Aid Information

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Continue reading to find information to help you understand just how much assistance you can expect to receive from Moraine Park Technical College.

Average Freshman Financial Aid at Moraine Park Technical College

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.

For incoming first-year students at Moraine Park Technical College, 59% of the incoming full-time class was awarded financial aid roughly 160 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)45%$5,118
Institutional grants & scholarships22%$1,273
Federal Pell grants27%$5,372
State/local grants32%$1,614
Federal student loans21%$3,929

Scholarship and Grant Awards at Moraine Park Technical College

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, around 24% of undergraduates were awarded grant or scholarship aid averaging $4,544 (covering around 860 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)24%$4,544
Federal Pell grants17%$4,087
Federal student loans27%$1,949

For students living on campus and receiving title-IV aid, grants averaged $5,315.

What Families Pay by Income at Moraine Park Technical College

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$6,606
$30,001 – $75,000$9,514
Over $75,000$13,419

Remember these are net prices — what families pay after gift aid, not before.

The Real Cost of Attending Moraine Park Technical College

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.

CohortAverage Net Price
On-campus title-IV students$9,268
Off-campus title-IV students$9,935

For an estimate tailored to your family circumstances, see Moraine Park Technical College’s NPC: www.morainepark.edu/pay-for-college/affordability/net-price-calculator/.

What Students Owe at Moraine Park Technical College

The middle student in the debt distribution at Moraine Park Technical College owes $5,500 in federal loans.

MetricAmount
Median federal debt (all student-aid borrowers)$5,500
Median federal debt (graduates only)$8,225
Typical 10-year monthly payment (graduates)$87.2/mo

Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.

The Range of Student Debt at this School

The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Moraine Park Technical College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,750
25th percentile$3,500
75th percentile$10,500
90th percentile (highest-debt students)$17,173

How Debt Outcomes Vary by Student Group at Moraine Park Technical College

How much a student borrows depends heavily on family income, first-gen status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$7,000
Middle income$5,500
High income$5,250

By First-Generation Status

CohortMedian federal debt
First-generation students$6,090
Continuing-generation students$4,475

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$5,250
Independent students$7,000

Summary Debt Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at Moraine Park Technical College.

Federal Stafford Lending at Moraine Park Technical College

Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Moraine Park Technical College:

MetricValue
Stafford loan recipients7768
Total Stafford loan amount$78,131,088

Military and Veterans Aid at Moraine Park Technical College

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

GI Bill volume

MetricValue
GI Bill recipients44
Total GI Bill amount$128,867
Average GI Bill amount per recipient$2,929

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients2
Total DoD amount$2,093
Average DoD amount per recipient$1,047

More Financial Aid Resources from Moraine Park Technical College

References

More about our data sources and methodologies.

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