by our College Data Analytics TeamMost 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 sum total of attendance at Southern Technical College can sound tremendous, but do not forget that almost all students get some type of financial help.
What financing options does Southern Technical College offer you, and what will you qualify for? Keep scrolling for more information. Keep reading to see what amount of financial assistance could be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Southern Technical College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at Southern Technical College, 90% of entering full-time freshmen got some type of financial assistance some 191 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $5,406 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 70% | $5,406 |
| State/local grants | 0% | — |
| Federal student loans | 80% | $7,757 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Southern Technical College, some 79% of undergraduates were awarded an average grant or scholarship of $6,384 (for some 419 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $6,384 |
| Federal Pell grants | 76% | $5,369 |
| Federal student loans | 81% | $8,369 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,334.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $23,290 |
| $30,001 – $75,000 | $25,790 |
| Over $75,000 | $27,872 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $21,171 |
| Off-campus title-IV students | $24,026 |
To project your own net price, use Southern Technical College’s net price calculator: www.southerntech.edu/admissions/net-price-calculator/.
The median federal debt load at Southern Technical College comes to $9,897 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,897 |
| Median federal debt (graduates only) | $11,250 |
| Typical 10-year monthly payment (graduates) | $119.27/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Southern Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,012 |
| 25th percentile | $5,607 |
| 75th percentile | $22,495 |
| 90th percentile (highest-debt students) | $29,500 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $10,312 |
| Middle income | $9,500 |
| High income | $9,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $11,250 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,583 |
| Independent students | $11,250 |
These indicators are derived from the underlying debt data and summarize the overall picture at Southern Technical College.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Southern Technical College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 15419 |
| Total Stafford loan amount | $270,629,945 |
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 | 101 |
| Total GI Bill amount | $801,989 |
| Average GI Bill amount per recipient | $7,940 |
References
More about our data sources and methodologies.