by our College Data Analytics TeamMany students are not billed 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 price tag of going to Tennessee College of Applied Technology - Hohenwald can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financing options does TCAT - Hohenwald offer you, and what will you qualify for? Keep scrolling for more information. Read on to see what amount of financial assistance could be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Tennessee College of Applied Technology - Hohenwald.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at Tennessee College of Applied Technology - Hohenwald, 98% of entering full-time freshmen got some type of financial assistance around 210 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $4,488 |
| Institutional grants & scholarships | 10% | $192 |
| Federal Pell grants | 71% | $3,484 |
| State/local grants | 94% | $1,985 |
| Federal student loans | 0% | — |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, about 97% of undergraduates were awarded grant or scholarship aid averaging $1,626 (for some 1980 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $1,626 |
| Federal Pell grants | 18% | $3,829 |
| Federal student loans | 0% | — |
For on-campus title-IV students, average grant aid came to $6,196.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $10,375 |
| $30,001 – $75,000 | $9,524 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $12,267 |
| Off-campus title-IV students | $10,091 |
To get a personalized net price estimate, try TCAT - Hohenwald’s net price tool: www.tcathohenwald.edu/programs.
The figure below distills the debt data into a single burden category for TCAT - Hohenwald.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at TCAT - Hohenwald:
| Metric | Value |
|---|---|
| Stafford loan recipients | 106 |
| Total Stafford loan amount | $351,539 |
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 | 9 |
| Total GI Bill amount | $23,042 |
| Average GI Bill amount per recipient | $2,560 |
References
More about our data sources and methodologies.