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 sum total of attendance at Tennessee College of Applied Technology - McMinnville can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial assistance options will TCAT - McMinnville offer, and what will you qualify for? Read on for more information. Keep reading to find out how much school funding will 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. Read on to get a sense of the financial assistance available at Tennessee College of Applied Technology - McMinnville.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at Tennessee College of Applied Technology - McMinnville, 95% of new full-time first-years were awarded at least some aid (about 139 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $4,550 |
| Institutional grants & scholarships | 5% | $271 |
| Federal Pell grants | 62% | $3,653 |
| State/local grants | 93% | $2,165 |
| Federal student loans | 0% | — |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at TCAT - McMinnville, approximately 95% of undergraduate students received gift aid averaging $2,440 (covering around 923 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $2,440 |
| Federal Pell grants | 29% | $3,665 |
| Federal student loans | 0% | — |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,267.
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 | $4,439 |
| $30,001 – $75,000 | $6,418 |
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 | $11,413 |
| Off-campus title-IV students | $5,693 |
To get a personalized net price estimate, try TCAT - McMinnville’s official net price calculator: tcatmcminnville.edu/future-students/net-price-calculator.
The Department of Education computes summary indicators that describe debt outcomes at a glance. TCAT - McMinnville.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at TCAT - McMinnville:
| Metric | Value |
|---|---|
| Stafford loan recipients | 21 |
| Total Stafford loan amount | $54,407 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 7 |
| Total GI Bill amount | $14,031 |
| Average GI Bill amount per recipient | $2,004 |
References
More about our data sources and methodologies.