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Unitech Training Academy-Lafayette Financial Aid & Debt Outcomes

82% Freshmen Get Financial Aid
$5,249 Average Grant & Scholarship
86% Undergrads Get Grant Aid

A lot of students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Unitech Training Academy-Lafayette can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.

Just what financing solutions does Unitech Training Academy-Lafayette deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on to find out just how much financial aid will be open to you.

Understanding Unitech Training Academy-Lafayette Financial Aid Info

How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Unitech Training Academy-Lafayette.

Financial Aid for First-Year Students at Unitech Training Academy-Lafayette

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.

Among first-time, full-time freshmen at Unitech Training Academy-Lafayette, 82% of entering full-time freshmen got some type of financial assistance (about 646 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)82%$6,075
Institutional grants & scholarships0%
Federal Pell grants80%$4,690
State/local grants22%$5,460
Federal student loans74%$6,501

Free Money: Grants and Scholarships at Unitech Training Academy-Lafayette

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Unitech Training Academy-Lafayette, some 86% of undergraduates were awarded grant or scholarship aid averaging $5,249 (among about 897 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)86%$5,249
Federal Pell grants81%$4,431
Federal student loans78%$4,801

For on-campus title-IV students, average grant aid came to $6,873.

How Cost Varies by Income at Unitech Training Academy-Lafayette

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$25,472

Remember these are net prices — what families pay after gift aid, not before.

What a Degree Really Costs at Unitech Training Academy-Lafayette

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.

CohortAverage Net Price
On-campus title-IV students$23,394
Off-campus title-IV students$25,472

For a personalized estimate based on your family’s financial situation, use Unitech Training Academy-Lafayette’s net price calculator: unitechta.edu/net-price-calculator/.

Typical Student Debt at Unitech Training Academy-Lafayette

A typical borrower at Unitech Training Academy-Lafayette leaves with $6,859 of federal borrowing.

MetricAmount
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

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

The Full Range of Student Debt

The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at Unitech Training Academy-Lafayette.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,748
25th percentile$4,295
75th percentile$9,990
90th percentile (highest-debt students)$11,833

Debt Outcomes by Student Group at Unitech Training Academy-Lafayette

Median debt varies by family income, by first-generation status, and by dependency status.

Debt by Income Tier

Income tierMedian federal debt
Low income$7,480
Middle income$6,454
High income$5,496

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$6,748
Continuing-generation students$8,305

By Dependency Status

CohortMedian federal debt
Dependent students$5,498
Independent students$8,395

Calculated Debt-Outcome Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. Unitech Training Academy-Lafayette.

Federal Student Loans at Unitech Training Academy-Lafayette

The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Unitech Training Academy-Lafayette:

MetricValue
Stafford loan recipients15324
Total Stafford loan amount$110,877,345

Military and Veterans Aid at Unitech Training Academy-Lafayette

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.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients2
Total GI Bill amount$30,200
Average GI Bill amount per recipient$15,100

References

More about our data sources and methodologies.

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