A large number of students are not billed 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 SAE Institute of Technology-Nashville can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financing options does SAE Institute - Nashville offer you, and what will you qualify for? Keep scrolling for more information. Read on to learn just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at SAE Institute of Technology-Nashville.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At SAE Institute of Technology-Nashville, 86% of entering full-time freshmen got some type of financial assistance some 247 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 74% | $6,012 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 74% | $5,808 |
| State/local grants | 2% | $571 |
| Federal student loans | 73% | $7,065 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At SAE Institute - Nashville, around 61% of the undergraduate population received grant aid that averaged $6,429 (covering around 1090 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 61% | $6,429 |
| Federal Pell grants | 61% | $5,430 |
| Federal student loans | 70% | $7,354 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,291.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $21,206 |
| $30,001 – $75,000 | $21,250 |
| Over $75,000 | $21,574 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $24,700 |
| Off-campus title-IV students | $21,299 |
For a personalized estimate based on your family’s financial situation, use SAE Institute - Nashville’s official net price calculator: usa.sae.edu/financial-aid/.
Graduating students at SAE Institute - Nashville carry a median federal student debt of $9,245 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,245 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly 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 SAE Institute - Nashville.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $5,500 |
| 75th percentile | $19,850 |
| 90th percentile (highest-debt students) | $20,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $6,494 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,177 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at SAE Institute - Nashville.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at SAE Institute - Nashville:
| Metric | Value |
|---|---|
| Stafford loan recipients | 8888 |
| Total Stafford loan amount | $82,495,647 |
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 | 127 |
| Total GI Bill amount | $1,521,590 |
| Average GI Bill amount per recipient | $11,981 |
References
More about our data sources and methodologies.