by our College Data Analytics TeamThe majority 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 price of attendance at Tennessee College of Applied Technology - McKenzie can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial assistance solutions will TCAT - McKenzie deliver, and just what are you going to be eligible for? Read on for answers. Scroll down to see how much school funding could be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Tennessee College of Applied Technology - McKenzie.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Tennessee College of Applied Technology - McKenzie, 100% of first-year full-time students received aid of some kind (about 71 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $6,335 |
| Institutional grants & scholarships | 7% | $706 |
| Federal Pell grants | 76% | $4,682 |
| State/local grants | 96% | $2,826 |
| Federal student loans | 0% | — |
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 TCAT - McKenzie, approximately 100% of undergraduates were awarded grant or scholarship aid averaging $4,634 (across approximately 226 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $4,634 |
| Federal Pell grants | 48% | $4,931 |
| Federal student loans | 0% | — |
Title-IV recipients living on campus saw average grant aid of $7,245.
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 | $1,916 |
| $30,001 – $75,000 | $2,262 |
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 | $7,778 |
| Off-campus title-IV students | $2,256 |
For a customized cost estimate, visit TCAT - McKenzie’s official net price calculator: tcatmckenzie.edu/future-students/net-price-calculator.
A handful of calculated indicators summarize the debt outlook at TCAT - McKenzie.
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.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 6 |
| Total GI Bill amount | $16,070 |
| Average GI Bill amount per recipient | $2,678 |
References
More about our data sources and methodologies.