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PITC Institute Financial Aid Details

100% Freshmen Get Financial Aid
$6,695 Average Grant & Scholarship
50% Undergrads Get Grant Aid

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.

Importance of PITC Institute Financial Aid Info

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.

Average Freshman Financial Aid at 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 ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$7,650
Institutional grants & scholarships0%
Federal Pell grants100%$7,650
State/local grants0%
Federal student loans100%$7,603

Grant Aid for Undergraduates at PITC Institute

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 ReceivingAverage Amount
Grant or scholarship aid (all sources)50%$6,695
Federal Pell grants50%$6,476
Federal student loans50%$11,561

For students living on campus and receiving title-IV aid, grants averaged $7,650.

What Families Pay by Income at PITC Institute

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

Family IncomeAverage 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.

What Students Actually Pay at PITC Institute

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$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.

Typical Student Debt at PITC Institute

The middle student in the debt distribution at PITC Institute owes $9,500 in federal student debt.

MetricAmount
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.

The Full Range of Student Debt

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.

PercentileCumulative 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 by Student Cohort at PITC Institute

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$9,500

By First-Generation Status

CohortMedian federal debt
First-generation students$8,861
Continuing-generation students$9,500

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$5,897
Independent students$9,500

Debt Burden Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. PITC Institute.

Stafford Loan Activity at 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:

MetricValue
Stafford loan recipients2175
Total Stafford loan amount$21,654,527

References

More about our data sources and methodologies.

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