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West Virginia University Institute of Technology Financial Aid & Debt Outcomes

98% Freshmen Get Financial Aid
$10,303 Average Grant & Scholarship
60% Undergrads Get Grant Aid

Many students are not billed 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 sum total of attendance at West Virginia University Institute of Technology can sound tremendous, but do not forget that almost all students get some type of financial help.

What financial aid options can West Virginia University Tech offer, and what will you qualify for? Keep reading for more information. Read on to see how much school funding could be available to you.

Importance of West Virginia University Tech Financial Aid Info

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from West Virginia University Institute of Technology.

Freshman Financial Aid at West Virginia University Institute of Technology

Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

For freshmen starting at West Virginia University Institute of Technology, 98% of new full-time first-years were awarded at least some aid around 305 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)98%$10,068
Institutional grants & scholarships83%$5,265
Federal Pell grants45%$5,406
State/local grants64%$4,449
Federal student loans35%$4,612

Scholarships and Grants at West Virginia University Institute of Technology

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At West Virginia University Tech, some 60% of the undergraduate population received grant aid that averaged $10,303 (for some 874 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)60%$10,303
Federal Pell grants27%$5,368
Federal student loans24%$5,626

On-campus students receiving title-IV aid were awarded grants averaging $9,570.

Income-Adjusted Net Price at West Virginia University Institute of 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$7,464
$30,001 – $75,000$9,240
Over $75,000$13,280

These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.

The Real Cost of Attending West Virginia University Institute of Technology

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$9,337
Off-campus title-IV students$9,957

For an estimate tailored to your family circumstances, see West Virginia University Tech’s net price calculator: financialaid.wvutech.edu/get-aid/net-price-calculator.

How Much Students Borrow at West Virginia University Institute of Technology

The middle student in the debt distribution at West Virginia University Tech owes $15,500 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$15,500
Median federal debt (graduates only)$22,500
Typical 10-year monthly payment (graduates)$238.54/mo

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

How Debt Is Distributed Across Students

A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at West Virginia University Tech.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,106
25th percentile$5,500
75th percentile$26,250
90th percentile (highest-debt students)$32,000

Debt by Student Cohort at West Virginia University Institute of Technology

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$14,250
Middle income$15,250
High income$16,500

By First-Generation Status

CohortMedian federal debt
First-generation students$15,146
Continuing-generation students$16,000

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$15,500
Independent students$14,583

Summary Debt Indicators

A handful of calculated indicators summarize the debt outlook at West Virginia University Tech.

Stafford Loan Activity at West Virginia University Institute of Technology

The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at West Virginia University Tech:

MetricValue
Stafford loan recipients93044
Total Stafford loan amount$2,149,502,786

Military and Veterans Aid at West Virginia University Institute of Technology

Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients13
Total GI Bill amount$76,537
Average GI Bill amount per recipient$5,887

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients10
Total DoD amount$32,595
Average DoD amount per recipient$3,260

External Resources for West Virginia University Institute of Technology

References

More about our data sources and methodologies.

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