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Orleans Technical College Financial Aid and Scholarship Details

96% Freshmen Get Financial Aid
$10,652 Average Grant & Scholarship
57% Undergrads Get Grant Aid

Most students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Orleans Technical College can sound overwhelming, but bear in mind that many students get some type of financial aid.

What financing options does Orleans Technical College offer you, and what will you qualify for? Keep scrolling for more information. Read on to find out how much school funding will be available to you.

Importance of Orleans Technical College Financial Aid Info

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Orleans Technical College.

What First Years Receive at Orleans 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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

Among first-time, full-time freshmen at Orleans Technical College, 96% of first-year full-time students received aid of some kind approximately 156 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)85%$9,553
Institutional grants & scholarships0%
Federal Pell grants82%$6,616
State/local grants42%$6,062
Federal student loans81%$6,740

Scholarship and Grant Awards at Orleans Technical College

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Orleans Technical College, approximately 57% of undergraduates were awarded an average grant or scholarship of $10,652 (covering around 287 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)57%$10,652
Federal Pell grants51%$7,029
Federal student loans51%$7,194

For on-campus title-IV students, average grant aid came to $6,474.

What Families Pay by Income at Orleans Technical College

Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.

Family IncomeAverage Net Price
$0 – $48,000$16,676
$30,001 – $75,000$17,125
Over $75,000$22,172

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

What Students Actually Pay at Orleans Technical College

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$20,113
Off-campus title-IV students$13,559

To get a personalized net price estimate, try Orleans Technical College’s net price tool: orleanstech.edu/wp-content/uploads/2023/07/NetPrice.html.

Student Debt Levels at Orleans Technical College

A typical borrower at Orleans Technical College leaves with $7,521 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$7,521
Median federal debt (graduates only)$7,521
Typical 10-year monthly payment (graduates)$79.74/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

How Debt Is Distributed Across Students

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at Orleans Technical College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$4,345
25th percentile$4,425
75th percentile$7,521
90th percentile (highest-debt students)$10,284

Debt Outcomes by Student Group at Orleans 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$7,521
Middle income$6,526
High income$4,354

By First-Generation Status

CohortMedian federal debt
First-generation students$7,521
Continuing-generation students$4,354

By Dependency Status

CohortMedian federal debt
Dependent students$4,354
Independent students$7,521

Calculated Debt-Outcome Indicators

A handful of calculated indicators summarize the debt outlook at Orleans Technical College.

Student Loans at Orleans Technical College

Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Orleans Technical College:

MetricValue
Stafford loan recipients5390
Total Stafford loan amount$44,162,972

Aid for Military-Affiliated Students at Orleans Technical College

If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients5
Total GI Bill amount$63,757
Average GI Bill amount per recipient$12,751

References

More about our data sources and methodologies.

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