by our College Data Analytics TeamA lot of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Pontotoc Technology Center can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial aid solutions can Pontotoc Technology Center deliver, and just what are you going to be eligible for? Keep reading for answers. Scroll down to see just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Continue reading to find information to help you understand just how much assistance you can expect to receive from Pontotoc Technology Center.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. 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 Pontotoc Technology Center, 81% of entering full-time freshmen got some type of financial assistance some 47 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $9,200 |
| Institutional grants & scholarships | 26% | $2,354 |
| Federal Pell grants | 62% | $7,815 |
| State/local grants | 67% | $2,679 |
| Federal student loans | 0% | — |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, roughly 18% of undergraduates were awarded an average grant or scholarship of $7,566 (for some 65 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 18% | $7,566 |
| Federal Pell grants | 13% | $7,234 |
| Federal student loans | 0% | — |
For students living on campus and receiving title-IV aid, grants averaged $11,519.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $3,131 |
| $30,001 – $75,000 | $8,134 |
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 | $3,164 |
| Off-campus title-IV students | $3,131 |
To get a personalized net price estimate, try Pontotoc Technology Center’s net price calculator: core-docs.s3.amazonaws.com/documents/asset/uploaded_file/3386/PTC/3035164/index.html.
A handful of calculated indicators summarize the debt outlook at Pontotoc Technology Center.
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 | 3 |
| Total GI Bill amount | $14,242 |
| Average GI Bill amount per recipient | $4,747 |
References
More about our data sources and methodologies.