by our College Data Analytics TeamThe majority of 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 sum total of attendance at Precision Welding Academy can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial assistance solutions will Precision Welding Academy provide, and just what are you going to be eligible for? Read on for answers. Scroll down to learn what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from Precision Welding Academy.
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 Precision Welding Academy, 59% of entering full-time freshmen got some type of financial assistance around 16 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 41% | $5,181 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 33% | $4,332 |
| State/local grants | 11% | $6,000 |
| Federal student loans | 37% | $8,450 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, some 28% of undergraduate students received gift aid averaging $5,678 (across roughly 36 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 28% | $5,678 |
| Federal Pell grants | 21% | $5,570 |
| Federal student loans | 23% | $8,596 |
Title-IV recipients living on campus saw average grant aid of $4,154.
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 | $28,843 |
To project your own net price, use Precision Welding Academy’s net price tool: www.precisionweldingacademy.com/student-resources-regulatory-information.
A handful of calculated indicators summarize the debt outlook at Precision Welding Academy.
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 27 |
| Total GI Bill amount | $446,500 |
| Average GI Bill amount per recipient | $16,537 |
References
More about our data sources and methodologies.