by our College Data Analytics TeamMost 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 sum total of attendance at Penn Commercial Business/Technical School can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial aid options can Penn Commercial offer you, and what will you qualify for? Keep reading for more information. Keep reading to find out 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. The information provided on this page can help you determine how much aid you may receive from Penn Commercial Business/Technical School.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Penn Commercial Business/Technical School, 57% of new full-time first-years were awarded at least some aid (about 24 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 40% | $7,699 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 38% | $6,584 |
| State/local grants | 14% | $4,258 |
| Federal student loans | 52% | $7,021 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, approximately 42% of the undergraduate population received grant aid that averaged $6,845 (covering around 94 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 42% | $6,845 |
| Federal Pell grants | 41% | $6,238 |
| Federal student loans | 46% | $7,971 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,454.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,544 |
| $30,001 – $75,000 | $16,650 |
| Over $75,000 | $22,653 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,350 |
| Off-campus title-IV students | $17,147 |
To get a personalized net price estimate, try Penn Commercial’s net price tool: www.penncommercial.edu/index.php?id=43.
Graduating students at Penn Commercial carry a median federal student debt of $8,904 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,904 |
| Median federal debt (graduates only) | $11,638 |
| Typical 10-year monthly payment (graduates) | $123.38/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Penn Commercial.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $5,499 |
| 75th percentile | $13,192 |
| 90th percentile (highest-debt students) | $17,334 |
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 | $8,958 |
| Middle income | $9,450 |
| High income | $7,638 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,025 |
| Continuing-generation students | $7,638 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,638 |
| Independent students | $9,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Penn Commercial.
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 Penn Commercial:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3314 |
| Total Stafford loan amount | $38,758,199 |
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 | 10 |
| Total GI Bill amount | $91,849 |
| Average GI Bill amount per recipient | $9,185 |
References
More about our data sources and methodologies.