Most students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to University of Management and Technology can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial assistance options will University of Management and Technology offer, and what will you qualify for? Read on for more information. Read on to learn just how much financial aid will be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from University of Management and Technology.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at University of Management and Technology, 0% of new full-time first-years were awarded at least some aid some 0 new students).
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, around 25% of the undergraduate population received grant aid that averaged $4,855 (among about 82 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 25% | $4,855 |
| Federal Pell grants | 8% | $5,380 |
| Federal student loans | 7% | $8,207 |
The median student at University of Management and Technology graduates with $8,971 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,971 |
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at University of Management and Technology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,333 |
| 25th percentile | $4,220 |
| 75th percentile | $20,814 |
| 90th percentile (highest-debt students) | $27,778 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,822 |
These indicators are derived from the underlying debt data and summarize the overall picture at University of Management and Technology.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at University of Management and Technology:
| Metric | Value |
|---|---|
| Stafford loan recipients | 332 |
| Total Stafford loan amount | $5,825,510 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 122 |
| Total GI Bill amount | $592,644 |
| Average GI Bill amount per recipient | $4,858 |
References
More about our data sources and methodologies.