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 Spartan College of Aeronautics & Technology can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial assistance solutions will Spartan College - Los Angeles provide, and just what are you going to be eligible for? Read on for answers. Keep going to see how much school funding could be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Spartan College of Aeronautics & Technology.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Spartan College of Aeronautics & Technology, 94% of entering full-time freshmen got some type of financial assistance approximately 276 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $5,719 |
| Institutional grants & scholarships | 6% | $3,280 |
| Federal Pell grants | 60% | $6,438 |
| State/local grants | 2% | $2,934 |
| Federal student loans | 69% | $8,550 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Spartan College - Los Angeles, about 52% of undergraduates were awarded grant or scholarship aid averaging $5,622 (for some 285 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 52% | $5,622 |
| Federal Pell grants | 40% | $6,500 |
| Federal student loans | 43% | $8,299 |
For students living on campus and receiving title-IV aid, grants averaged $5,784.
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 | $29,662 |
| $30,001 – $75,000 | $33,462 |
| Over $75,000 | $37,488 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $33,320 |
| Off-campus title-IV students | $30,099 |
For a personalized estimate based on your family’s financial situation, use Spartan College - Los Angeles’s net price calculator: www.spartan.edu/calculator/la/.
A typical borrower at Spartan College - Los Angeles leaves with $20,000 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $20,000 |
| Median federal debt (graduates only) | $20,000 |
| Typical 10-year monthly payment (graduates) | $212.03/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Spartan College - Los Angeles.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,104 |
| 25th percentile | $9,500 |
| 75th percentile | $24,166 |
| 90th percentile (highest-debt students) | $24,166 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $20,000 |
| Middle income | $17,217 |
| High income | $14,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $20,000 |
| Continuing-generation students | $18,375 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,500 |
| Independent students | $20,000 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Spartan College - Los Angeles.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Spartan College - Los Angeles:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5222 |
| Total Stafford loan amount | $84,693,760 |
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 | 41 |
| Total GI Bill amount | $1,008,008 |
| Average GI Bill amount per recipient | $24,586 |
References
More about our data sources and methodologies.