by our College Data Analytics TeamMost 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 total cost of going to East Ohio College can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financial assistance options will Ohio Valley College of Technology offer, and what will you qualify for? Read on for more information. Scroll down to learn just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from East Ohio College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at East Ohio College, 100% of new full-time first-years were awarded at least some aid roughly 7 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $6,673 |
| Institutional grants & scholarships | 86% | $1,667 |
| Federal Pell grants | 71% | $5,975 |
| State/local grants | 14% | $5,934 |
| Federal student loans | 100% | $7,509 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Ohio Valley College of Technology, about 99% of undergraduate students received gift aid averaging $6,203 (across approximately 148 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $6,203 |
| Federal Pell grants | 74% | $5,483 |
| Federal student loans | 90% | $6,895 |
Title-IV recipients living on campus saw average grant aid of $6,673.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,958 |
| $30,001 – $75,000 | $17,536 |
| Over $75,000 | $20,850 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $15,827 |
| Off-campus title-IV students | $17,180 |
For a personalized estimate based on your family’s financial situation, use Ohio Valley College of Technology’s net price calculator: eastohio.edu/consumer-information.
The middle student in the debt distribution at Ohio Valley College of Technology owes $10,583 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $10,583 |
| Median federal debt (graduates only) | $12,000 |
| Typical 10-year monthly payment (graduates) | $127.22/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Ohio Valley College of Technology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,710 |
| 25th percentile | $5,420 |
| 75th percentile | $12,725 |
| 90th percentile (highest-debt students) | $23,713 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,694 |
| Middle income | $12,781 |
| High income | $12,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,962 |
| Continuing-generation students | $12,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,834 |
| Independent students | $10,796 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Ohio Valley College of Technology.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Ohio Valley College of Technology:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2038 |
| Total Stafford loan amount | $24,823,867 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 4 |
| Total GI Bill amount | $50,540 |
| Average GI Bill amount per recipient | $12,635 |
References
More about our data sources and methodologies.