by our College Data Analytics TeamA lot of students will not be asked to pay 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 price of attendance at Welder Training and Testing Institute can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financing options does WTTI offer you, and what will you qualify for? Keep scrolling for more information. Scroll down to find out just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Welder Training and Testing Institute.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
At Welder Training and Testing Institute, 58% of the incoming full-time class was awarded financial aid around 38 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $5,830 |
| Institutional grants & scholarships | 18% | $741 |
| Federal Pell grants | 31% | $5,307 |
| State/local grants | 9% | $11,560 |
| Federal student loans | 42% | $6,611 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, roughly 44% of the undergraduate population received grant aid that averaged $7,634 (among about 36 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 44% | $7,634 |
| Federal Pell grants | 25% | $6,524 |
| Federal student loans | 46% | $6,851 |
For students living on campus and receiving title-IV aid, grants averaged $3,988.
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 | $21,737 |
| $30,001 – $75,000 | $24,046 |
| Over $75,000 | $28,618 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $22,503 |
| Off-campus title-IV students | $24,740 |
For a personalized estimate based on your family’s financial situation, use WTTI’s official net price calculator: www.wtti.edu/NetPriceCalculator/index.html.
The middle student in the debt distribution at WTTI owes $5,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
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 WTTI.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at WTTI.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at WTTI:
| Metric | Value |
|---|---|
| Stafford loan recipients | 454 |
| Total Stafford loan amount | $3,065,598 |
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 | 1 |
| Total GI Bill amount | $14,600 |
| Average GI Bill amount per recipient | $14,600 |
References
More about our data sources and methodologies.