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How Much New England Tech Fin Aid Could You Qualify For?

Rather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.

Discover the financial aid possibilities at New England Tech and learn what assistance you might qualify for by continuing to read.

On this page you’ll find:

First-Time Students at New England Tech: Estimating Financial Aid Opportunities

$12,087.00 is the typical New England Institute of Technology’s first year financial aid package. 91% of reshman students get financial aid, most of which is in the form of grants and scholarships

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College Discounts

Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.

What About College Loans?

Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at New England Institute of Technology.

How Much Aid Is Available in Scholarships & Grants?

Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.

The stats below refer to aid that is provided by New England Institute of Technology.

75% of new students (359 total) were offered scholarships at New England Institute of Technology, averaging $8,237.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.

In addition to scholarships, 68% of first years (329 total) were awarded federal grant aid, averaging $4,551.00 each.

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Amount of Financial Assistance By Income Level

The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.

Income LevelPercent of FreshmanAverage Assistance
Income 0-30k26.61%$14,019.00
Income 30k-48k11.43%$13,946.00
Income 48k-75k14.35%$11,655.00
Income 75k-110k8.11%$4,992.00
Income 110k +12.47%$3,444.00

Title IV Aid

The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.

The Typical Undergraduate Receiving a Grant or Scholarship Will Get $12,087.00.

91% of the 481 undergraduates at New England Institute of Technology receive some sort of grant aid. This is a total of about 375 students getting an average of $12,087.00 per person.

Interested in Learning about the Specifics of Tuition and Fees Costs?

Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.

Info on New England Institute of Technology Financial Aid.

Notes and References

References

More about our data sources and methodologies.

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