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Vaughn College of Aeronautics and Technology Financial Aid and Scholarship Details

88% Freshmen Get Financial Aid
$6,978 Average Grant & Scholarship
69% Undergrads Get Grant Aid

Most 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 sum total of attendance at Vaughn College of Aeronautics and Technology can sound overpowering, but remember that the majority of students get some type of financial assistance.

Just what financial aid solutions can Vaughn College of Aeronautics and Technology deliver, and just what are you going to be eligible for? Keep reading for answers. Scroll down to see just how much financial aid could be open to you.

Understanding Vaughn College of Aeronautics and Technology Financial Aid Info

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Vaughn College of Aeronautics and Technology.

Financial Aid for First-Year Students at Vaughn College of Aeronautics and Technology

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

For incoming first-year students at Vaughn College of Aeronautics and Technology, 88% of first-time, full-time freshmen received some form of financial aid (about 166 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)84%$7,604
Institutional grants & scholarships81%$3,238
Federal Pell grants69%$3,178
State/local grants61%$2,062
Federal student loans50%$3,003

Scholarships and Grants at Vaughn College of Aeronautics and Technology

The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, about 69% of undergraduate students received gift aid averaging $6,978 (across roughly 829 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)69%$6,978
Federal Pell grants50%$2,918
Federal student loans47%$3,756

Title-IV recipients living on campus saw average grant aid of $7,360.

What Families Pay by Income at Vaughn College of Aeronautics and Technology

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$38,587
$30,001 – $75,000$40,413
Over $75,000$41,852

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

What Students Actually Pay at Vaughn College of Aeronautics and Technology

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$39,986
Off-campus title-IV students$39,723

For an estimate tailored to your family circumstances, see Vaughn College of Aeronautics and Technology’s net price calculator: www.vaughn.edu/admissions-aid/financial-aid/college-calculator/.

Typical Student Debt at Vaughn College of Aeronautics and Technology

A typical borrower at Vaughn College of Aeronautics and Technology leaves with $14,000 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$14,000
Median federal debt (graduates only)$21,125
Typical 10-year monthly payment (graduates)$223.96/mo

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

The Range of Student Debt at this School

The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Vaughn College of Aeronautics and Technology.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,500
25th percentile$5,500
75th percentile$24,500
90th percentile (highest-debt students)$34,750

How Debt Outcomes Vary by Student Group at Vaughn College of Aeronautics and Technology

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

By Family Income

Income tierMedian federal debt
Low income$14,250
Middle income$12,000
High income$12,000

First-Generation Comparison

CohortMedian federal debt
First-generation students$13,700
Continuing-generation students$14,990

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$12,000
Independent students$19,000

Summary Debt Indicators

A handful of calculated indicators summarize the debt outlook at Vaughn College of Aeronautics and Technology.

Student Loans at Vaughn College of Aeronautics and Technology

The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Vaughn College of Aeronautics and Technology:

MetricValue
Stafford loan recipients6354
Total Stafford loan amount$111,460,555

Aid for Military-Affiliated Students at Vaughn College of Aeronautics and Technology

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

GI Bill volume

MetricValue
GI Bill recipients45
Total GI Bill amount$519,172
Average GI Bill amount per recipient$11,537

Active-duty Tuition Assistance recipients

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

More Financial Aid Resources from Vaughn College of Aeronautics and Technology

References

More about our data sources and methodologies.

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