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.
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.
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $5,992 |
| Institutional grants & scholarships | 29% | $1,846 |
| Federal Pell grants | 73% | $5,754 |
| State/local grants | 0% | — |
| Federal student loans | 79% | $6,463 |
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 78% | $5,422 |
| Federal Pell grants | 67% | $5,263 |
| Federal student loans | 74% | $6,584 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,546.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average 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.
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 | $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.
A typical borrower at Universal Technical Institute-South Florida Miramar leaves with $11,183 of federal student loans.
| Metric | Amount |
|---|---|
| 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.
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.
| Percentile | Cumulative 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 much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $10,827 |
| Middle income | $11,688 |
| High income | $11,495 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,168 |
| Continuing-generation students | $11,998 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,254 |
| Independent students | $10,500 |
The figure below distills the debt data into a single burden category for 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:
| Metric | Value |
|---|---|
| Stafford loan recipients | 71179 |
| Total Stafford loan amount | $972,115,222 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 83 |
| Total GI Bill amount | $1,434,619 |
| Average GI Bill amount per recipient | $17,285 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.