by our College Data Analytics TeamMost students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Tennessee College of Applied Technology - Newbern can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial aid solutions can TCAT - Newbern provide, and just what are you going to be eligible for? Keep reading for answers. Keep going to see what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Tennessee College of Applied Technology - Newbern.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Tennessee College of Applied Technology - Newbern, 96% of the incoming full-time class was awarded financial aid around 359 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $4,981 |
| Institutional grants & scholarships | 6% | $244 |
| Federal Pell grants | 72% | $4,294 |
| State/local grants | 87% | $1,852 |
| Federal student loans | 0% | — |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, some 95% of undergraduates were awarded an average grant or scholarship of $2,225 (across roughly 2692 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $2,225 |
| Federal Pell grants | 24% | $4,325 |
| Federal student loans | 0% | — |
For on-campus title-IV students, average grant aid came to $4,979.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,956 |
| $30,001 – $75,000 | $12,107 |
| Over $75,000 | $15,109 |
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 | $9,698 |
| Off-campus title-IV students | $8,601 |
To get a personalized net price estimate, try TCAT - Newbern’s online cost calculator: tcatnorthwest.edu/future-students/net-price-calculator.
Federal data publishes pre-calculated indicators that summarize debt outcomes. TCAT - Newbern.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at TCAT - Newbern:
| Metric | Value |
|---|---|
| Stafford loan recipients | 11 |
| Total Stafford loan amount | $62,093 |
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 | 19 |
| Total GI Bill amount | $35,065 |
| Average GI Bill amount per recipient | $1,846 |
References
More about our data sources and methodologies.