Most students are not billed 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 New England Tractor Trailer Training School of Massachusetts can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial aid options can NETTTS offer, and what will you qualify for? Keep reading for more information. 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. The figures below will help you estimate the aid you might receive from New England Tractor Trailer Training School of Massachusetts.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at New England Tractor Trailer Training School of Massachusetts, 90% of new full-time first-years were awarded at least some aid approximately 587 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $5,401 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 76% | $5,401 |
| State/local grants | 0% | — |
| Federal student loans | 84% | $6,510 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, approximately 65% of undergraduates were awarded grant or scholarship aid averaging $4,994 (among about 649 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $4,994 |
| Federal Pell grants | 65% | $4,994 |
| Federal student loans | 64% | $6,176 |
For on-campus title-IV students, average grant aid came to $3,982.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,413 |
| $30,001 – $75,000 | $16,081 |
| Over $75,000 | $18,053 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $16,164 |
| Off-campus title-IV students | $15,735 |
For a personalized estimate based on your family’s financial situation, use NETTTS’s net price tool: nettts.com/price-calculator/.
The middle student in the debt distribution at NETTTS owes $6,333 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at NETTTS.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $4,750 |
| 75th percentile | $6,333 |
| 90th percentile (highest-debt students) | $6,333 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $6,333 |
| High income | $6,333 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,333 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,666 |
| Independent students | $6,333 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. NETTTS.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at NETTTS:
| Metric | Value |
|---|---|
| Stafford loan recipients | 13531 |
| Total Stafford loan amount | $77,047,125 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 39 |
| Total GI Bill amount | $512,938 |
| Average GI Bill amount per recipient | $13,152 |
References
More about our data sources and methodologies.