by our College Data Analytics TeamThe majority of 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 total price of attendance at Owensboro Community and Technical College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial assistance options will Owensboro Community and Technical College offer, and what will you qualify for? Read on for more information. Read on to discover how much school funding could be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Owensboro Community and Technical College.
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. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Owensboro Community and Technical College, 97% of first-time, full-time freshmen received some form of financial aid roughly 386 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $6,463 |
| Institutional grants & scholarships | 24% | $1,486 |
| Federal Pell grants | 59% | $5,019 |
| State/local grants | 91% | $3,023 |
| Federal student loans | 11% | $4,841 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Owensboro Community and Technical College, around 90% of undergraduates were awarded an average grant or scholarship of $3,628 (across approximately 4241 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $3,628 |
| Federal Pell grants | 31% | $4,246 |
| Federal student loans | 9% | $5,342 |
Title-IV recipients living on campus saw average grant aid of $7,676.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $3,694 |
| $30,001 – $75,000 | $4,221 |
| Over $75,000 | $9,324 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $5,800 |
| Off-campus title-IV students | $4,627 |
For a customized cost estimate, visit Owensboro Community and Technical College’s official net price calculator: owensboro.kctcs.edu/affording-college/net-price-calculator/index.aspx.
Graduating students at Owensboro Community and Technical College carry a median federal student debt of $5,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $7,933 |
| Typical 10-year monthly payment (graduates) | $84.1/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at Owensboro Community and Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,500 |
| 25th percentile | $2,580 |
| 75th percentile | $11,000 |
| 90th percentile (highest-debt students) | $17,871 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $5,945 |
| Middle income | $6,500 |
| High income | $5,250 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,549 |
| Continuing-generation students | $5,244 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,161 |
| Independent students | $6,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Owensboro Community and Technical College.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at Owensboro Community and Technical College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6544 |
| Total Stafford loan amount | $59,991,105 |
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
| Metric | Value |
|---|---|
| GI Bill recipients | 52 |
| Total GI Bill amount | $154,239 |
| Average GI Bill amount per recipient | $2,966 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 2 |
| Total DoD amount | $1,692 |
| Average DoD amount per recipient | $846 |
References
More about our data sources and methodologies.