by our College Data Analytics TeamA large number of students will never be charged 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 price tag of going to Philadelphia Technician Training can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financing options does Philadelphia Technician Training Institute offer, and what will you qualify for? Keep scrolling for more information. Keep going to see how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Philadelphia Technician Training.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Philadelphia Technician Training, 97% of first-year full-time students received aid of some kind some 605 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $5,580 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 90% | $5,325 |
| State/local grants | 4% | $5,125 |
| Federal student loans | 82% | $7,342 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Philadelphia Technician Training Institute, around 89% of undergraduate students received gift aid averaging $5,472 (covering around 1091 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $5,472 |
| Federal Pell grants | 88% | $5,253 |
| Federal student loans | 80% | $7,434 |
For students living on campus and receiving title-IV aid, grants averaged $5,850.
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 | $23,286 |
| $30,001 – $75,000 | $22,632 |
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 | $22,813 |
| Off-campus title-IV students | $23,288 |
For an estimate tailored to your family circumstances, see Philadelphia Technician Training Institute’s official net price calculator: ptt.edu/costs-net-price/.
The median student at Philadelphia Technician Training Institute graduates with $9,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at Philadelphia Technician Training Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $6,552 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for Philadelphia Technician Training Institute.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Philadelphia Technician Training Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3137 |
| Total Stafford loan amount | $24,467,534 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 20 |
| Total GI Bill amount | $302,198 |
| Average GI Bill amount per recipient | $15,110 |
References
More about our data sources and methodologies.