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Universal Technical Institute of Pennsylvania Inc Financial Aid Details

94% Freshmen Get Financial Aid
$5,657 Average Grant & Scholarship
72% Undergrads Get Grant Aid

The 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 price tag of going to Universal Technical Institute of Pennsylvania Inc can appear tremendous, but do not forget that almost all students obtain some kind of financial help.

Just what financing solutions does UTI Exton provide, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to learn just how much financial aid will be open to you.

Importance of UTI Exton Financial Aid Information

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Universal Technical Institute of Pennsylvania Inc.

Freshman Financial Aid at Universal Technical Institute of Pennsylvania Inc

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.

At Universal Technical Institute of Pennsylvania Inc, 94% of the incoming full-time class was awarded financial aid roughly 474 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)79%$6,283
Institutional grants & scholarships32%$2,973
Federal Pell grants66%$5,147
State/local grants10%$3,978
Federal student loans78%$6,201

Grant Aid for Undergraduates at Universal Technical Institute of Pennsylvania Inc

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, about 72% of undergraduates were awarded grant or scholarship aid averaging $5,657 (across approximately 951 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)72%$5,657
Federal Pell grants53%$4,631
Federal student loans62%$5,965

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,765.

What Families Pay by Income at Universal Technical Institute of Pennsylvania Inc

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$22,789
$30,001 – $75,000$23,521
Over $75,000$27,559

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

The Real Cost of Attending Universal Technical Institute of Pennsylvania Inc

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.

CohortAverage Net Price
On-campus title-IV students$24,883
Off-campus title-IV students$21,852

To get a personalized net price estimate, try UTI Exton’s net price tool: www.uti.edu/admissions/tuition.

How Much Students Borrow at Universal Technical Institute of Pennsylvania Inc

The middle student in the debt distribution at UTI Exton owes $11,574 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$11,574
Median federal debt (graduates only)$14,267
Typical 10-year monthly payment (graduates)$151.25/mo

At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.

Debt Spread by Percentile

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at UTI Exton.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,750
25th percentile$6,188
75th percentile$18,084
90th percentile (highest-debt students)$22,625

Student Debt by Cohort at Universal Technical Institute of Pennsylvania Inc

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

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$11,166
Middle income$11,999
High income$11,899

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$11,188
Continuing-generation students$12,000

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$11,688
Independent students$10,594

Summary Debt Indicators

A handful of calculated indicators summarize the debt outlook at UTI Exton.

Federal Student Loans at Universal Technical Institute of Pennsylvania Inc

Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at UTI Exton:

MetricValue
Stafford loan recipients40167
Total Stafford loan amount$517,855,692

Military and Veterans Aid at Universal Technical Institute of Pennsylvania Inc

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients117
Total GI Bill amount$1,727,304
Average GI Bill amount per recipient$14,763

Active-duty Tuition Assistance recipients

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

References

More about our data sources and methodologies.

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