by our College Data Analytics TeamThe majority of students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Reid State Technical College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial assistance solutions will Reid State Technical College 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.
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 Reid State Technical College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at Reid State Technical College, 97% of first-time, full-time freshmen received some form of financial aid roughly 77 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $9,991 |
| Institutional grants & scholarships | 65% | $5,746 |
| Federal Pell grants | 73% | $7,879 |
| State/local grants | 9% | $1,521 |
| 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. Here, roughly 97% of the undergraduate population received grant aid that averaged $5,660 (among about 558 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $5,660 |
| Federal Pell grants | 50% | $6,379 |
| Federal student loans | 0% | — |
Title-IV recipients living on campus saw average grant aid of $9,000.
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 | $101 |
| $30,001 – $75,000 | $199 |
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 | $1,739 |
| Off-campus title-IV students | $431 |
For a customized cost estimate, visit Reid State Technical College’s net price tool: images.pcmac.org/Uploads/ReidStateTech/ReidStateTech/Divisions/DocumentsCategories/Documents/index_{SIS703AD5AB07EA}.html.
These indicators are derived from the underlying debt data and summarize the overall picture at Reid State Technical College.
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 4 |
| Total GI Bill amount | $18,215 |
| Average GI Bill amount per recipient | $4,554 |
References
More about our data sources and methodologies.