by our College Data Analytics TeamThe total cost of attendance at Laurel Technical Institute can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.
$7,748.00 is the typical Laurel Technical Institute’s first year financial aid package. A significant 95% of freshmen benefit from financial aid, with the main type being loans.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Laurel Technical Institute you may end up taking on.
In addition to scholarships, 71% of first-year students (30 total) got federal grant aid, averaging $7,050.00 per person.
The stats and the chart following pertain to primarily grants from federal sources, plus some local and state grants.
71% of first years at Laurel Technical Institute (30 total) were awarded a federal grant, averaging $7,050.00.
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 42.86% | $8,262.00 |
| Income 30k-48k | 11.90% | $6,750.00 |
| Income 48k-75k | 16.67% | $6,827.00 |
| Income 75k-110k | 2.38% | $55.00 |
| Income 110k + | 2.38% | $3,713.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
95% of the 42 undergraduates at Laurel Technical Institute receive some sort of grant aid. This is a total of about 32 students getting an average of $7,748.00 per person.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.