by our College Data Analytics TeamMany 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 School of Automotive Machinists & Technology can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financing options does School of Automotive Machinists & Technology offer you, and what will you qualify for? Keep scrolling for more information. Read on to discover what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from School of Automotive Machinists & Technology.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at School of Automotive Machinists & Technology, 72% of the incoming full-time class was awarded financial aid approximately 23 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $6,386 |
| Institutional grants & scholarships | 3% | $10,000 |
| Federal Pell grants | 59% | $6,075 |
| State/local grants | 0% | — |
| Federal student loans | 50% | $6,954 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At School of Automotive Machinists & Technology, approximately 43% of undergraduates were awarded grant or scholarship aid averaging $4,943 (among about 58 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 43% | $4,943 |
| Federal Pell grants | 41% | $4,827 |
| Federal student loans | 24% | $7,033 |
For on-campus title-IV students, average grant aid came to $5,106.
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 | $24,020 |
| $30,001 – $75,000 | $26,127 |
| Over $75,000 | $29,941 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $28,242 |
| Off-campus title-IV students | $26,359 |
For a customized cost estimate, visit School of Automotive Machinists & Technology’s net price calculator: samtech.edu/NetCalc/npcalc.htm.
A typical borrower at School of Automotive Machinists & Technology leaves with $9,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at School of Automotive Machinists & Technology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $6,729 |
| 75th percentile | $24,125 |
| 90th percentile (highest-debt students) | $28,479 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,677 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,761 |
| Independent students | $9,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. School of Automotive Machinists & Technology.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at School of Automotive Machinists & Technology:
| Metric | Value |
|---|---|
| Stafford loan recipients | 811 |
| Total Stafford loan amount | $10,437,872 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 26 |
| Total GI Bill amount | $391,174 |
| Average GI Bill amount per recipient | $15,045 |
References
More about our data sources and methodologies.