Many 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 total price of attendance at PITC Institute can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financing solutions does PITC Institute deliver, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to see how much school funding could be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from PITC Institute.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at PITC Institute, 100% of the incoming full-time class was awarded financial aid around 131 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $7,650 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $7,650 |
| State/local grants | 0% | — |
| Federal student loans | 100% | $7,603 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, about 50% of undergraduate students received gift aid averaging $6,695 (covering around 164 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 50% | $6,695 |
| Federal Pell grants | 50% | $6,476 |
| Federal student loans | 50% | $11,561 |
For students living on campus and receiving title-IV aid, grants averaged $7,650.
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 | $19,344 |
| $30,001 – $75,000 | $19,054 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $28,276 |
| Off-campus title-IV students | $31,410 |
For an estimate tailored to your family circumstances, see PITC Institute’s net price calculator: www.pitc.edu/ulnetprice/npcalc.htm.
The middle student in the debt distribution at PITC Institute owes $9,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $16,722 |
| Typical 10-year monthly payment (graduates) | $177.28/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at PITC Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,452 |
| 25th percentile | $4,750 |
| 75th percentile | $13,433 |
| 90th percentile (highest-debt students) | $15,750 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,861 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,897 |
| Independent students | $9,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. PITC Institute.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at PITC Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2175 |
| Total Stafford loan amount | $21,654,527 |
References
More about our data sources and methodologies.