by our College Data Analytics TeamA large number of students are not billed 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 total price of attendance at Southern Technical College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financing solutions does Southern Technical College deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to find out what amount of financial assistance will be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Southern Technical College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Southern Technical College, 75% of first-time, full-time freshmen received some form of financial aid approximately 902 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 62% | $4,741 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 62% | $4,541 |
| State/local grants | 6% | $2,469 |
| Federal student loans | 63% | $6,176 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Southern Technical College, around 71% of undergraduates were awarded an average grant or scholarship of $8,062 (across roughly 1669 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $8,062 |
| Federal Pell grants | 66% | $6,269 |
| Federal student loans | 67% | $8,842 |
Title-IV recipients living on campus saw average grant aid of $4,134.
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 | $22,961 |
| $30,001 – $75,000 | $25,755 |
| Over $75,000 | $27,131 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $20,623 |
| Off-campus title-IV students | $21,740 |
For a customized cost estimate, visit Southern Technical College’s net price tool: www.southerntech.edu/admissions/net-price-calculator/.
The median federal debt load at Southern Technical College comes to $9,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $11,250 |
| Typical 10-year monthly payment (graduates) | $119.27/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Southern Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $6,334 |
| 75th percentile | $20,000 |
| 90th percentile (highest-debt students) | $21,750 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,942 |
| Middle income | $9,500 |
| High income | $6,583 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,583 |
| Independent students | $11,250 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Southern Technical College.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Southern Technical College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 12411 |
| Total Stafford loan amount | $168,213,804 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 263 |
| Total GI Bill amount | $2,732,049 |
| Average GI Bill amount per recipient | $10,388 |
References
More about our data sources and methodologies.