by our College Data Analytics TeamA lot of students will never be charged 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 total cost of going to Schuylkill Technology Center can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial aid options can Schuylkill Technology Center offer you, and what will you qualify for? Keep reading for more information. Read on to learn just how much financial aid will be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Schuylkill Technology Center.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Schuylkill Technology Center, 100% of the incoming full-time class was awarded financial aid roughly 67 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $5,467 |
| Institutional grants & scholarships | 7% | $750 |
| Federal Pell grants | 55% | $4,739 |
| State/local grants | 61% | $3,366 |
| Federal student loans | 63% | $6,934 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Schuylkill Technology Center, approximately 63% of undergrads got grants or scholarships worth on average $5,180 (for some 66 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $5,180 |
| Federal Pell grants | 39% | $4,631 |
| Federal student loans | 45% | $6,801 |
On-campus students receiving title-IV aid were awarded grants averaging $10,213.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $5,605 |
| $30,001 – $75,000 | $5,693 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $6,797 |
| Off-campus title-IV students | $5,605 |
For an estimate tailored to your family circumstances, see Schuylkill Technology Center’s net price tool: stc.schoolwires.net/.
The middle student in the debt distribution at Schuylkill Technology Center owes $9,873 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,873 |
| Median federal debt (graduates only) | $15,275 |
| Typical 10-year monthly payment (graduates) | $161.94/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Schuylkill Technology Center.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,530 |
| 75th percentile | $17,060 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,300 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,075 |
| Independent students | $11,503 |
These indicators are derived from the underlying debt data and summarize the overall picture at Schuylkill Technology Center.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Schuylkill Technology Center:
| Metric | Value |
|---|---|
| Stafford loan recipients | 758 |
| Total Stafford loan amount | $7,255,026 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.