College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

South Texas Vocational Technical Institute-Weslaco Financial Aid & Debt Outcomes

94% Freshmen Get Financial Aid
$5,664 Average Grant & Scholarship
84% Undergrads Get Grant Aid

A large number of students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at South Texas Vocational Technical Institute-Weslaco can sound overwhelming, but bear in mind that many students get some type of financial aid.

What financial aid options can South Texas Vocational Technical Institute-Weslaco offer, and what will you qualify for? Keep reading for more information. Scroll down to discover what amount of financial assistance could be accessible to you.

Importance of South Texas Vocational Technical Institute-Weslaco Aid Information

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from South Texas Vocational Technical Institute-Weslaco.

Typical First Year Financial Aid at South Texas Vocational Technical Institute-Weslaco

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

Looking at the entering class at South Texas Vocational Technical Institute-Weslaco, 94% of new full-time first-years were awarded at least some aid some 251 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)91%$6,454
Institutional grants & scholarships0%
Federal Pell grants91%$6,376
State/local grants20%$358
Federal student loans87%$6,736

Undergraduate Grant Aid at South Texas Vocational Technical Institute-Weslaco

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, roughly 84% of undergraduates were awarded grant or scholarship aid averaging $5,664 (across roughly 592 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)84%$5,664
Federal Pell grants84%$5,618
Federal student loans86%$6,029

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,469.

Income-Adjusted Net Price at South Texas Vocational Technical Institute-Weslaco

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage Net Price
$0 – $48,000$18,841
$30,001 – $75,000$18,900
Over $75,000$24,655

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

The Real Cost of Attending South Texas Vocational Technical Institute-Weslaco

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$17,925
Off-campus title-IV students$19,268

For an estimate tailored to your family circumstances, see South Texas Vocational Technical Institute-Weslaco’s NPC: www.stvt.edu/NetPrice/Weslaco/.

Student Debt Levels at South Texas Vocational Technical Institute-Weslaco

The median student at South Texas Vocational Technical Institute-Weslaco graduates with $10,661 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$10,661
Median federal debt (graduates only)$15,917
Typical 10-year monthly payment (graduates)$168.75/mo

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

The Full Range of Student Debt

The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at South Texas Vocational Technical Institute-Weslaco.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,530
25th percentile$6,333
75th percentile$13,000
90th percentile (highest-debt students)$16,500

How Debt Outcomes Vary by Student Group at South Texas Vocational Technical Institute-Weslaco

The figures below break down median federal debt by income tier, first-generation status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$10,657
Middle income$11,457
High income$9,111

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$10,587
Continuing-generation students$12,139

By Dependency Status

CohortMedian federal debt
Dependent students$9,500
Independent students$11,943

Calculated Debt-Outcome Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. South Texas Vocational Technical Institute-Weslaco.

Federal Stafford Lending at South Texas Vocational Technical Institute-Weslaco

Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at South Texas Vocational Technical Institute-Weslaco:

MetricValue
Stafford loan recipients126669
Total Stafford loan amount$1,878,020,953

Military and Veterans Aid at South Texas Vocational Technical Institute-Weslaco

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.

GI Bill volume

MetricValue
GI Bill recipients12
Total GI Bill amount$100,833
Average GI Bill amount per recipient$8,403

South Texas Vocational Technical Institute-Weslaco Financial Aid Resources

References

More about our data sources and methodologies.

Popular Reports

College Rankings
Best by Location
Degree Guides by Major
Graduate Programs

Compare Your School Options