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What Spartan College - Tulsa Fin Aid Will You Get?

Most students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.

The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from Spartan College - Tulsa.

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What Percentage of Students Receive Financial Assistance?

$5,532.00 is the typical Spartan College of Aeronautics and Technology’s first year financial aid package. 34% of first-year students are awarded financial aid, primarily comprising loans.

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Reducing the Cost of College

Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.

What About College Loans?

A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Spartan College of Aeronautics and Technology you may end up taking on.

How Much Spartan College - Tulsa Aid Is Offered That Won’t Put Me in Debt

Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.

The following numbers pertain to assistance that is supplied by Spartan College of Aeronautics and Technology.

15% of new students (82 total) were given scholarships at Spartan College of Aeronautics and Technology, averaging $2,866.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.

As well as scholarships, 12% of freshmen (67 total) obtained a federal grant, for about $6,565.00 a piece.

How Family Income Affects Financial Aid

The table below shows grant and scholarship distributions by income for first-year students getting any sort of federally-funded Title IV aid, including Federal PLUS loans.

Income LevelPercent of FreshmanAverage Assistance
Income 0-30k13.60%$6,008.00
Income 30k-48k1.10%$3,644.00
Income 48k-75k0.37%$6,516.00
Income 75k-110k0.00%$0.00
Income 110k +0.00%$0.00

Title IV Aid

The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.

The Average Undergrad Receiving a Scholarship or Grant Will Get $5,532.00.

Of the 544 undergraduate students at Spartan College of Aeronautics and Technology around 34% (122 total) receive some form of grant aid. The typical amount awarded was $5,532.00.The largest share of which are in the guise of Pell Grants.

Want to Know More About Tuition and Fee Prices?

Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.

Notes and References

References

More about our data sources and methodologies.

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