Most 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 total cost of going to School of Missionary Aviation Technology can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financing solutions does School of Missionary Aviation Technology provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to see what amount of financial assistance could be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from School of Missionary Aviation Technology.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at School of Missionary Aviation Technology, 67% of first-year full-time students received aid of some kind approximately 24 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 28% | $6,510 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 28% | $5,410 |
| State/local grants | 8% | $3,667 |
| Federal student loans | 50% | $6,722 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At School of Missionary Aviation Technology, around 33% of the undergraduate population received grant aid that averaged $5,640 (for some 23 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 33% | $5,640 |
| Federal Pell grants | 29% | $5,936 |
| Federal student loans | 39% | $7,167 |
For on-campus title-IV students, average grant aid came to $2,184.
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 | $14,835 |
| $30,001 – $75,000 | $15,595 |
| Over $75,000 | $16,556 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $17,511 |
| Off-campus title-IV students | $14,994 |
For a personalized estimate based on your family’s financial situation, use School of Missionary Aviation Technology’s net price calculator: www.smat.edu/tuition-calculator.
Graduating students at School of Missionary Aviation Technology carry a median federal student debt of $12,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,000 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. School of Missionary Aviation Technology.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at School of Missionary Aviation Technology:
| Metric | Value |
|---|---|
| Stafford loan recipients | 95 |
| Total Stafford loan amount | $1,196,208 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $43,392 |
| Average GI Bill amount per recipient | $21,696 |
References
More about our data sources and methodologies.