by our College Data Analytics TeamMany students attending Gateway Community and Technical College can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
Uncover the various financial aid options provided by Gateway and determine which ones you may be eligible for by continuing your exploration.
$4,982.00 is the typical Gateway Community and Technical College’s first year financial aid package. 94% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at Gateway Community and Technical College.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The following numbers pertain to assistance that is supplied by Gateway Community and Technical College.
10% of first-year students (35 total) were offered scholarships at Gateway Community and Technical College, averaging $2,723.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 53% of first-year students (181 total) got a federal grant, for about $4,931.00 per person.
The following table displays scholarship and grant allocations by family income for freshman students receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 25.87% | $8,183.00 |
| Income 30k-48k | 13.66% | $7,160.00 |
| Income 48k-75k | 8.14% | $6,001.00 |
| Income 75k-110k | 5.52% | $3,828.00 |
| Income 110k + | 4.65% | $1,413.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
320 Gateway undergrads obtain grant aid (this is about 94% of the entire undergraduate student population). The average amount these students receive is $4,982.00.
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.