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Universal Technical Institute-South Florida Miramar Paying for Your Degree

95% Freshmen Get Financial Aid
$5,422 Average Grant & Scholarship
78% 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 total cost of going to Universal Technical Institute-South Florida Miramar can seem overpowering, but remember that the majority of students are given some form of financial assistance.

What financial aid options can Universal Technical Institute-South Florida Miramar offer, and what will you qualify for? Keep reading for more information. Read on to learn what amount of financial assistance will be accessible to you.

Importance of Universal Technical Institute-South Florida Miramar Financial Aid Information

How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from Universal Technical Institute-South Florida Miramar.

Average Freshman Financial Aid at Universal Technical Institute-South Florida Miramar

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

For freshmen starting at Universal Technical Institute-South Florida Miramar, 95% of first-time, full-time freshmen received some form of financial aid approximately 395 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)83%$5,992
Institutional grants & scholarships29%$1,846
Federal Pell grants73%$5,754
State/local grants0%
Federal student loans79%$6,463

Scholarships and Grants at Universal Technical Institute-South Florida Miramar

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Universal Technical Institute-South Florida Miramar, roughly 78% of undergraduate students received gift aid averaging $5,422 (for some 678 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)78%$5,422
Federal Pell grants67%$5,263
Federal student loans74%$6,584

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,546.

Income-Adjusted Net Price at Universal Technical Institute-South Florida Miramar

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage Net Price
$0 – $48,000$24,273
$30,001 – $75,000$26,105
Over $75,000$30,384

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

The Real Cost of Attending Universal Technical Institute-South Florida Miramar

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$28,759
Off-campus title-IV students$25,622

For an estimate tailored to your family circumstances, see Universal Technical Institute-South Florida Miramar’s net price calculator: www.uti.edu/admissions/tuition.

What Students Owe at Universal Technical Institute-South Florida Miramar

A typical borrower at Universal Technical Institute-South Florida Miramar leaves with $11,183 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$11,183
Median federal debt (graduates only)$13,124
Typical 10-year monthly payment (graduates)$139.14/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

Debt Spread by Percentile

The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Universal Technical Institute-South Florida Miramar.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,450
25th percentile$8,500
75th percentile$20,000
90th percentile (highest-debt students)$24,578

How Debt Outcomes Vary by Student Group at Universal Technical Institute-South Florida Miramar

How much a student borrows depends heavily on family income, first-gen status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$10,827
Middle income$11,688
High income$11,495

First-Generation Comparison

CohortMedian federal debt
First-generation students$11,168
Continuing-generation students$11,998

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$11,254
Independent students$10,500

Summary Debt Indicators

The figure below distills the debt data into a single burden category for Universal Technical Institute-South Florida Miramar.

Federal Loan Volume at Universal Technical Institute-South Florida Miramar

The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Universal Technical Institute-South Florida Miramar:

MetricValue
Stafford loan recipients71179
Total Stafford loan amount$972,115,222

GI Bill and DoD Benefits at Universal Technical Institute-South Florida Miramar

Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients83
Total GI Bill amount$1,434,619
Average GI Bill amount per recipient$17,285

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

External Resources for Universal Technical Institute-South Florida Miramar

References

More about our data sources and methodologies.

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