by our College Data Analytics TeamThe majority of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Union County Vocational Technical School can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial aid solutions can Union County Vocational Technical School provide, and just what are you going to be eligible for? Keep reading for answers. Read on 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. Read on to get a sense of the financial assistance available at Union County Vocational Technical School.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Union County Vocational Technical School, 44% of first-time, full-time freshmen received some form of financial aid roughly 39 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 42% | $3,689 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 42% | $3,689 |
| State/local grants | 0% | — |
| Federal student loans | 2% | $2,721 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, about 26% of the undergraduate population received grant aid that averaged $3,689 (covering around 37 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 26% | $3,689 |
| Federal Pell grants | 26% | $3,689 |
| Federal student loans | 1% | $2,721 |
Title-IV recipients living on campus saw average grant aid of $4,065.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $7,120 |
| $30,001 – $75,000 | $9,045 |
| Over $75,000 | $11,940 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $7,361 |
| Off-campus title-IV students | $7,295 |
To get a personalized net price estimate, try Union County Vocational Technical School’s net price tool: www.ucvts.tec.nj.us/.
These indicators are derived from the underlying debt data and summarize the overall picture at Union County Vocational Technical School.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Union County Vocational Technical School:
| Metric | Value |
|---|---|
| Stafford loan recipients | 149 |
| Total Stafford loan amount | $552,788 |
References
More about our data sources and methodologies.