by our College Data Analytics TeamThe majority of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Ohio Technical Center at Vantage Career Center can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial assistance solutions will Ohio Technical Center at Vantage Career Center deliver, and just what are you going to be eligible for? Read on for answers. Keep reading to discover how much school funding could be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Ohio Technical Center at Vantage Career Center.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at Ohio Technical Center at Vantage Career Center, 46% of first-time, full-time freshmen received some form of financial aid approximately 65 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $3,653 |
| Institutional grants & scholarships | 4% | $583 |
| Federal Pell grants | 1% | $6,268 |
| State/local grants | 43% | $3,623 |
| Federal student loans | 2% | $3,932 |
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 Ohio Technical Center at Vantage Career Center, some 49% of the undergraduate population received grant aid that averaged $4,121 (across roughly 120 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 49% | $4,121 |
| Federal Pell grants | 12% | $5,821 |
| Federal student loans | 11% | $6,884 |
The median federal debt load at Ohio Technical Center at Vantage Career Center comes to $6,827 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,827 |
| Median federal debt (graduates only) | $11,978 |
| Typical 10-year monthly payment (graduates) | $126.99/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,826 |
A handful of calculated indicators summarize the debt outlook at Ohio Technical Center at Vantage Career Center.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Ohio Technical Center at Vantage Career Center:
| Metric | Value |
|---|---|
| Stafford loan recipients | 74 |
| Total Stafford loan amount | $590,482 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $5,500 |
| Average GI Bill amount per recipient | $5,500 |
References
More about our data sources and methodologies.