by our College Data Analytics TeamMany students will not be asked to pay 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 cost of going to Perry Technical Institute can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial assistance options will Perry Tech offer, and what will you qualify for? Read on for more information. Scroll down to learn just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Perry Technical Institute.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at Perry Technical Institute, 93% of first-year full-time students received aid of some kind approximately 537 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $8,964 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 67% | $5,354 |
| State/local grants | 84% | $4,720 |
| Federal student loans | 68% | $5,225 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Perry Tech, approximately 78% of the undergraduate population received grant aid that averaged $9,287 (across roughly 1147 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 78% | $9,287 |
| Federal Pell grants | 56% | $5,322 |
| Federal student loans | 60% | $6,156 |
For on-campus title-IV students, average grant aid came to $7,771.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $21,497 |
| $30,001 – $75,000 | $21,369 |
| Over $75,000 | $27,965 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $20,047 |
| Off-campus title-IV students | $21,404 |
To get a personalized net price estimate, try Perry Tech’s official net price calculator: www.perrytech.edu/about/disclosures/netprice/.
Graduating students at Perry Tech carry a median federal student debt of $13,364 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $13,364 |
| Median federal debt (graduates only) | $14,139 |
| Typical 10-year monthly payment (graduates) | $149.9/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at Perry Tech.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,666 |
| 25th percentile | $7,892 |
| 75th percentile | $21,146 |
| 90th percentile (highest-debt students) | $27,802 |
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 | $13,364 |
| Middle income | $13,017 |
| High income | $14,415 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,364 |
| Continuing-generation students | $14,415 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $13,364 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Perry Tech.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Perry Tech:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4892 |
| Total Stafford loan amount | $68,231,571 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 32 |
| Total GI Bill amount | $479,729 |
| Average GI Bill amount per recipient | $14,992 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 2 |
| Total DoD amount | $8,107 |
| Average DoD amount per recipient | $4,054 |
References
More about our data sources and methodologies.