by our College Data Analytics TeamThe majority of 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 William T McFatter Technical College can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial aid solutions can William T McFatter Technical College provide, and just what are you going to be eligible for? Keep reading for answers. Read on to see what amount of financial assistance could be accessible 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 William T McFatter Technical College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at William T McFatter Technical College, 60% of the incoming full-time class was awarded financial aid roughly 426 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 60% | $4,113 |
| Institutional grants & scholarships | 1% | $1,052 |
| Federal Pell grants | 27% | $5,542 |
| State/local grants | 37% | $2,390 |
| Federal student loans | 0% | — |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at William T McFatter Technical College, roughly 45% of the undergraduate population received grant aid that averaged $3,997 (covering around 641 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 45% | $3,997 |
| Federal Pell grants | 22% | $5,156 |
| Federal student loans | 0% | — |
For students living on campus and receiving title-IV aid, grants averaged $5,160.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,946 |
| $30,001 – $75,000 | $8,444 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $11,901 |
| Off-campus title-IV students | $8,919 |
To project your own net price, use William T McFatter Technical College’s net price tool: www.mcfattertechnicalcollege.edu/net-price-calculator/.
The figure below distills the debt data into a single burden category for William T McFatter Technical College.
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 | 55 |
| Total GI Bill amount | $126,352 |
| Average GI Bill amount per recipient | $2,297 |
References
More about our data sources and methodologies.