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Oklahoma Technical College Financial Aid & Debt Outcomes

91% Freshmen Get Financial Aid
$4,978 Average Grant & Scholarship
72% Undergrads Get Grant Aid

The majority of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Oklahoma Technical College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.

What financial aid options can Oklahoma Technical College offer you, and what will you qualify for? Keep reading for more information. Keep reading to discover what amount of financial assistance could be accessible to you.

Understanding Oklahoma Technical College Financial Aid Info

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Oklahoma Technical College.

Typical First Year Financial Aid at Oklahoma Technical College

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.

For incoming first-year students at Oklahoma Technical College, 91% of the incoming full-time class was awarded financial aid roughly 185 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)70%$5,321
Institutional grants & scholarships0%
Federal Pell grants70%$5,321
State/local grants0%
Federal student loans77%$6,963

Free Money: Grants and Scholarships at Oklahoma Technical College

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Oklahoma Technical College, around 72% of undergraduate students received gift aid averaging $4,978 (across roughly 154 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)72%$4,978
Federal Pell grants67%$5,283
Federal student loans73%$6,920

Title-IV recipients living on campus saw average grant aid of $4,791.

Income-Adjusted Net Price at Oklahoma Technical College

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$27,785
$30,001 – $75,000$30,154
Over $75,000$32,293

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

What a Degree Really Costs at Oklahoma Technical College

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$27,642
Off-campus title-IV students$28,311

To project your own net price, use Oklahoma Technical College’s net price tool: collegesooner.com/otc-calc/.

How Much Students Borrow at Oklahoma Technical College

Graduating students at Oklahoma Technical College carry a median federal student debt of $7,934 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$7,934
Median federal debt (graduates only)$8,898
Typical 10-year monthly payment (graduates)$94.33/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

The Range of Student Debt at this School

A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Oklahoma Technical College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,666
25th percentile$6,089
75th percentile$13,389
90th percentile (highest-debt students)$17,347

Median Debt by Student Group at Oklahoma Technical College

Median debt varies by family income, by first-generation status, and by dependency status.

By Family Income

Income tierMedian federal debt
Low income$7,830
Middle income$8,558
High income$7,990

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$7,904
Continuing-generation students$8,188

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$7,125
Independent students$8,204

Is the Debt Manageable?

Federal data publishes pre-calculated indicators that summarize debt outcomes. Oklahoma Technical College.

Stafford Loan Activity at Oklahoma Technical College

The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Oklahoma Technical College:

MetricValue
Stafford loan recipients12354
Total Stafford loan amount$140,248,186

GI Bill and DoD Benefits at Oklahoma Technical College

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

GI Bill volume

MetricValue
GI Bill recipients36
Total GI Bill amount$295,929
Average GI Bill amount per recipient$8,220

External Resources for Oklahoma Technical College

References

More about our data sources and methodologies.

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