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Piedmont Technical College Financial Aid Details

98% Freshmen Get Financial Aid
$5,154 Average Grant & Scholarship
94% Undergrads Get Grant Aid

A 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 Piedmont Technical College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.

What financial aid options can Piedmont Technical College offer, and what will you qualify for? Keep reading for more information. Read on to discover just how much financial aid could be open to you.

Importance of Piedmont Technical College Aid Information

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Piedmont Technical College.

What First Years Receive at Piedmont Technical College

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. 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 Piedmont Technical College, 98% of first-year full-time students received aid of some kind (about 588 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)98%$9,254
Institutional grants & scholarships9%$850
Federal Pell grants69%$7,054
State/local grants74%$5,483
Federal student loans16%$6,089

Scholarships and Grants at Piedmont Technical College

The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, around 94% of undergraduates were awarded grant or scholarship aid averaging $5,154 (across roughly 4686 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)94%$5,154
Federal Pell grants52%$5,435
Federal student loans27%$6,677

On-campus students receiving title-IV aid were awarded grants averaging $10,380.

What Families Pay by Income at Piedmont Technical College

Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.

Family IncomeAverage Net Price
$0 – $48,000$10,681
$30,001 – $75,000$10,707
Over $75,000$12,865

Remember these are net prices — what families pay after gift aid, not before.

Average Net Price for Piedmont Technical College

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.

CohortAverage Net Price
On-campus title-IV students$11,366
Off-campus title-IV students$10,862

For a customized cost estimate, visit Piedmont Technical College’s official net price calculator: www.ptc.edu/cost-financial-aid/tuition-fees/net-price-calculator.

Typical Student Debt at Piedmont Technical College

The median student at Piedmont Technical College graduates with $9,500 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$9,500
Median federal debt (graduates only)$15,000
Typical 10-year monthly payment (graduates)$159.02/mo

Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.

How Debt Is Distributed Across Students

Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at Piedmont Technical College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,750
25th percentile$3,334
75th percentile$14,649
90th percentile (highest-debt students)$26,000

Debt Outcomes by Student Group at Piedmont Technical College

The figures below break down median federal debt by income tier, first-generation status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$9,500
Middle income$8,250
High income$6,500

First-Generation Comparison

CohortMedian federal debt
First-generation students$9,500
Continuing-generation students$9,025

By Dependency Status

CohortMedian federal debt
Dependent students$6,500
Independent students$11,250

Calculated Debt-Outcome Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. Piedmont Technical College.

Federal Loan Volume at Piedmont Technical College

Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Piedmont Technical College:

MetricValue
Stafford loan recipients15698
Total Stafford loan amount$216,242,319

Military and Veterans Aid at Piedmont Technical College

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients54
Total GI Bill amount$185,809
Average GI Bill amount per recipient$3,441

References

More about our data sources and methodologies.

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