by our College Data Analytics TeamA large number of students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Ozarks Technical Community College can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financial aid options can OTC offer, and what will you qualify for? Keep reading for more information. Keep going to discover how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Ozarks Technical Community College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at Ozarks Technical Community College, 93% of new full-time first-years were awarded at least some aid approximately 1875 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $5,772 |
| Institutional grants & scholarships | 18% | $1,038 |
| Federal Pell grants | 54% | $5,190 |
| State/local grants | 68% | $3,171 |
| Federal student loans | 14% | $4,187 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, around 58% of undergrads got grants or scholarships worth on average $4,984 (covering around 6550 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 58% | $4,984 |
| Federal Pell grants | 38% | $4,422 |
| Federal student loans | 18% | $4,704 |
Title-IV recipients living on campus saw average grant aid of $6,252.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,229 |
| $30,001 – $75,000 | $7,861 |
| Over $75,000 | $11,489 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $6,936 |
| Off-campus title-IV students | $7,340 |
To project your own net price, use OTC’s net price tool: students.otc.edu/financialaid/netprice/.
The median student at OTC graduates with $6,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,500 |
| Median federal debt (graduates only) | $10,453 |
| Typical 10-year monthly payment (graduates) | $110.82/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at OTC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,937 |
| 25th percentile | $3,500 |
| 75th percentile | $14,652 |
| 90th percentile (highest-debt students) | $26,500 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,000 |
| Middle income | $6,211 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,631 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,250 |
| Independent students | $8,750 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. OTC.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at OTC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 34449 |
| Total Stafford loan amount | $436,925,735 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 209 |
| Total GI Bill amount | $556,695 |
| Average GI Bill amount per recipient | $2,664 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 36 |
| Total DoD amount | $65,400 |
| Average DoD amount per recipient | $1,817 |
References
More about our data sources and methodologies.