by our College Data Analytics TeamA large number of students will not be asked to pay 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 total cost of going to Unitech Training Academy-Alexandria can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial aid options can Unitech Training Academy-Alexandria offer, and what will you qualify for? Keep reading for more information. Scroll down to find out just how much financial aid will be open 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 figures below will help you estimate the aid you might receive from Unitech Training Academy-Alexandria.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Unitech Training Academy-Alexandria, 79% of first-year full-time students received aid of some kind (about 201 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $5,772 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 74% | $4,179 |
| State/local grants | 24% | $5,141 |
| Federal student loans | 75% | $6,214 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, some 80% of the undergraduate population received grant aid that averaged $5,320 (across roughly 254 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $5,320 |
| Federal Pell grants | 78% | $4,184 |
| Federal student loans | 74% | $5,454 |
On-campus students receiving title-IV aid were awarded grants averaging $5,312.
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 | $20,968 |
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 | $20,201 |
| Off-campus title-IV students | $20,968 |
For an estimate tailored to your family circumstances, see Unitech Training Academy-Alexandria’s net price tool: unitechta.edu/net-price-calculator/.
The median student at Unitech Training Academy-Alexandria graduates with $6,859 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,859 |
| Median federal debt (graduates only) | $8,721 |
| Typical 10-year monthly payment (graduates) | $92.46/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at Unitech Training Academy-Alexandria.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,748 |
| 25th percentile | $4,295 |
| 75th percentile | $9,990 |
| 90th percentile (highest-debt students) | $11,833 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,480 |
| Middle income | $6,454 |
| High income | $5,496 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,748 |
| Continuing-generation students | $8,305 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,498 |
| Independent students | $8,395 |
The figure below distills the debt data into a single burden category for Unitech Training Academy-Alexandria.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Unitech Training Academy-Alexandria:
| Metric | Value |
|---|---|
| Stafford loan recipients | 15324 |
| Total Stafford loan amount | $110,877,345 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.