by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
What amount of Albany Technical College financial assistance will actually be available to you?Get answers to your questions here.
Albany Technical College average financial aid offer for freshmen students is $7,791.00. About 98% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Student loans come included in financial aid packages, however, the only true discount off of the price of college is a grant or scholarship that you do not need to pay back.
A student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from Albany Technical College you could end up dealing with.
In addition to scholarships, 91% of freshman students (281 total) obtained federal grant aid, averaging $6,605.00 a piece.
The stats and the chart below reference predominantly federal grants, as well as some local and state grants.
91% of freshmen at Albany Technical College (281 total) received a federal grant, averaging $6,605.00.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 68.06% | $8,525.00 |
| Income 30k-48k | 10.32% | $7,556.00 |
| Income 48k-75k | 6.45% | $3,856.00 |
| Income 75k-110k | 1.61% | $3,128.00 |
| Income 110k + | 0.00% | $0.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 310 undergraduate students at Albany Technical College around 98% (296 total) receive some form of grant aid. The typical amount awarded was $7,791.00.The largest share of which are in the guise of Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.