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Savannah Technical College Financial Aid & Debt Outcomes

82% Freshmen Get Financial Aid
$5,205 Average Grant & Scholarship
81% Undergrads Get Grant Aid

The majority of students are not billed 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 price tag of going to Savannah Technical College can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.

What financial aid options can Savannah Tech offer you, and what will you qualify for? Keep reading for more information. Keep going to discover just how much financial aid could be open to you.

Understanding Savannah Tech Financial Aid Information

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 Savannah Technical College.

Financial Aid for First-Year Students at Savannah Technical College

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.

For incoming first-year students at Savannah Technical College, 82% of first-time, full-time freshmen received some form of financial aid (about 263 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)78%$7,698
Institutional grants & scholarships0%
Federal Pell grants58%$7,691
State/local grants52%$2,781
Federal student loans0%

Grant Aid for Undergraduates at Savannah Technical College

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, some 81% of undergraduate students received gift aid averaging $5,205 (across roughly 2905 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)81%$5,205
Federal Pell grants52%$5,925
Federal student loans0%

On-campus students receiving title-IV aid were awarded grants averaging $9,317.

Net Price by Family Income at Savannah Technical College

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$5,309
$30,001 – $75,000$6,202
Over $75,000$8,162

Remember these are net prices — what families pay after gift aid, not before.

What a Degree Really Costs at Savannah Technical College

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$6,114
Off-campus title-IV students$5,821

For an estimate tailored to your family circumstances, see Savannah Tech’s NPC: www.savannahtech.edu/financial-aid/net-price-calculator/.

Median Student Debt for Graduates of Savannah Technical College

A typical borrower at Savannah Tech leaves with $3,466 in federal loans.

MetricAmount
Median federal debt (all student-aid borrowers)$3,466
Median federal debt (graduates only)$3,258
Typical 10-year monthly payment (graduates)$34.54/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

The Full Range of Student Debt

The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Savannah Tech.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$775
25th percentile$1,742
75th percentile$6,511
90th percentile (highest-debt students)$11,056

Median Debt by Student Group at Savannah Technical College

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

By Family Income

Income tierMedian federal debt
Low income$3,438

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$3,500
Continuing-generation students$2,924

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$2,750
Independent students$4,000

Calculated Debt-Outcome Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. Savannah Tech.

Federal Stafford Lending at Savannah Technical College

Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Savannah Tech:

MetricValue
Stafford loan recipients2193
Total Stafford loan amount$16,310,913

GI Bill and DoD Benefits at Savannah 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 recipients

MetricValue
GI Bill recipients463
Total GI Bill amount$938,240
Average GI Bill amount per recipient$2,026

Active-duty Tuition Assistance recipients

MetricValue
DoD Tuition Assistance recipients34
Total DoD amount$40,700
Average DoD amount per recipient$1,197

References

More about our data sources and methodologies.

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