by our College Data Analytics TeamMost 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 price tag of going to Southwest Wisconsin Technical College can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financing options does Southwest Tech offer, and what will you qualify for? Keep scrolling for more information. Scroll down to discover what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Southwest Wisconsin Technical College.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Southwest Wisconsin Technical College, 86% of the incoming full-time class was awarded financial aid roughly 279 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $4,874 |
| Institutional grants & scholarships | 46% | $965 |
| Federal Pell grants | 44% | $5,620 |
| State/local grants | 44% | $1,761 |
| Federal student loans | 51% | $3,798 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Southwest Tech, approximately 38% of undergraduates were awarded an average grant or scholarship of $4,409 (across approximately 1035 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 38% | $4,409 |
| Federal Pell grants | 20% | $4,757 |
| Federal student loans | 23% | $4,053 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $3,766.
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 | $7,656 |
| $30,001 – $75,000 | $9,408 |
| Over $75,000 | $14,195 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $12,896 |
| Off-campus title-IV students | $10,277 |
For an estimate tailored to your family circumstances, see Southwest Tech’s NPC: www.swtc.edu/admissions/paying-for-college/NetPriceCalculator.
A typical borrower at Southwest Tech leaves with $5,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $7,500 |
| Typical 10-year monthly payment (graduates) | $79.51/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Southwest Tech.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,500 |
| 75th percentile | $9,400 |
| 90th percentile (highest-debt students) | $13,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,750 |
| Middle income | $6,050 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,575 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Southwest Tech.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Southwest Tech:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5012 |
| Total Stafford loan amount | $36,424,802 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 10 |
| Total GI Bill amount | $26,892 |
| Average GI Bill amount per recipient | $2,689 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 2 |
| Total DoD amount | $4,646 |
| Average DoD amount per recipient | $2,323 |
References
More about our data sources and methodologies.