A lot of students will never be charged 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 sum total of attendance at Spartan College of Aeronautics and Technology can sound tremendous, but do not forget that almost all students get some type of financial help.
What financial assistance options will Spartan College - Tulsa offer you, and what will you qualify for? Read on for more information. Read on to find out just how much financial aid will be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Spartan College of Aeronautics and Technology.
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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Spartan College of Aeronautics and Technology, 66% of first-year full-time students received aid of some kind around 85 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 23% | $6,693 |
| Institutional grants & scholarships | 4% | $2,428 |
| Federal Pell grants | 16% | $8,680 |
| State/local grants | 0% | — |
| Federal student loans | 25% | $7,641 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, around 12% of undergrads got grants or scholarships worth on average $6,080 (for some 85 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 12% | $6,080 |
| Federal Pell grants | 9% | $7,146 |
| Federal student loans | 6% | $7,444 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,497.
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 | $31,042 |
| $30,001 – $75,000 | $32,228 |
| Over $75,000 | $37,463 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $29,776 |
| Off-campus title-IV students | $31,544 |
For a customized cost estimate, visit Spartan College - Tulsa’s NPC: www.spartan.edu/calculator/tul/.
The middle student in the debt distribution at Spartan College - Tulsa owes $14,726 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,726 |
| Median federal debt (graduates only) | $16,750 |
| Typical 10-year monthly payment (graduates) | $177.58/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at Spartan College - Tulsa.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $8,750 |
| 75th percentile | $19,350 |
| 90th percentile (highest-debt students) | $25,125 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $16,000 |
| Middle income | $14,343 |
| High income | $12,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,500 |
| Continuing-generation students | $15,187 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,080 |
| Independent students | $17,175 |
A handful of calculated indicators summarize the debt outlook at Spartan College - Tulsa.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Spartan College - Tulsa:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10650 |
| Total Stafford loan amount | $187,777,120 |
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.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 29 |
| Total GI Bill amount | $565,379 |
| Average GI Bill amount per recipient | $19,496 |
References
More about our data sources and methodologies.