by our College Data Analytics TeamA large number of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Pennco Tech-Bristol can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financing solutions does Pennco Tech-Bristol deliver, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to see just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Pennco Tech-Bristol.
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 freshmen starting at Pennco Tech-Bristol, 82% of the incoming full-time class was awarded financial aid some 432 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $5,560 |
| Institutional grants & scholarships | 28% | $1,218 |
| Federal Pell grants | 60% | $5,448 |
| State/local grants | 3% | $5,113 |
| Federal student loans | 65% | $9,266 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, about 66% of undergraduate students received gift aid averaging $5,030 (covering around 735 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 66% | $5,030 |
| Federal Pell grants | 60% | $4,666 |
| Federal student loans | 62% | $7,760 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,944.
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 | $19,484 |
| $30,001 – $75,000 | $20,931 |
| Over $75,000 | $24,665 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $19,197 |
| Off-campus title-IV students | $20,710 |
For a customized cost estimate, visit Pennco Tech-Bristol’s NPC: www.penncotech.edu/npc/Bristol/npcalc.htm.
The median federal debt load at Pennco Tech-Bristol comes to $6,333 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $7,917 |
| Typical 10-year monthly payment (graduates) | $83.93/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Pennco Tech-Bristol.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,857 |
| 75th percentile | $10,200 |
| 90th percentile (highest-debt students) | $14,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,657 |
| Middle income | $6,333 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $7,125 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Pennco Tech-Bristol.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Pennco Tech-Bristol:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6067 |
| Total Stafford loan amount | $55,986,823 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 48 |
| Total GI Bill amount | $660,859 |
| Average GI Bill amount per recipient | $13,768 |
References
More about our data sources and methodologies.