by our College Data Analytics TeamA large number of students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Waukesha County Technical College can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financing solutions does WCTC deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to see just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Waukesha County Technical College.
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 Waukesha County Technical College, 35% of the incoming full-time class was awarded financial aid around 123 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 28% | $4,747 |
| Institutional grants & scholarships | 12% | $1,761 |
| Federal Pell grants | 17% | $5,024 |
| State/local grants | 15% | $1,603 |
| Federal student loans | 15% | $5,787 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, some 15% of undergraduate students received gift aid averaging $4,350 (covering around 1145 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 15% | $4,350 |
| Federal Pell grants | 10% | $4,216 |
| Federal student loans | 8% | $5,832 |
On-campus students receiving title-IV aid were awarded grants averaging $4,430.
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 | $7,569 |
| $30,001 – $75,000 | $9,220 |
| Over $75,000 | $12,921 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $11,101 |
| Off-campus title-IV students | $9,400 |
For an estimate tailored to your family circumstances, see WCTC’s online cost calculator: www.wctc.edu/admissions/tuition-aid/net-price-calculator.htm.
The median federal debt load at WCTC comes to $9,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $12,000 |
| Typical 10-year monthly payment (graduates) | $127.22/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at WCTC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,250 |
| 25th percentile | $4,083 |
| 75th percentile | $16,500 |
| 90th percentile (highest-debt students) | $27,488 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,880 |
| Middle income | $9,439 |
| High income | $8,250 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $8,684 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,500 |
| Independent students | $10,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. WCTC.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at WCTC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 11928 |
| Total Stafford loan amount | $158,151,577 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 109 |
| Total GI Bill amount | $252,959 |
| Average GI Bill amount per recipient | $2,321 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $2,192 |
| Average DoD amount per recipient | $2,192 |
References
More about our data sources and methodologies.