by our College Data Analytics TeamFinancial 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.
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.
$4,833.00 is the typical Manhattan Area Technical College’s first year financial aid package. Approximately 83% of incoming freshmen obtain financial assistance, with the majority being offered as loans.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Manhattan Area Technical College.
As well as scholarships, 55% of freshmen (39 total) received a federal grant, for about $4,108.00 a person.
The stats and the chart below reference predominantly federal grants, as well as some local and state grants.
55% of first-year students at Manhattan Area Technical College (39 total) got a federal grant, averaging $4,108.00.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 16.90% | $6,037.00 |
| Income 30k-48k | 12.68% | $3,522.00 |
| Income 48k-75k | 8.45% | $2,066.00 |
| Income 75k-110k | 4.23% | $1,082.00 |
| Income 110k + | 0.00% | $0.00 |
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.
Of the 71 undergraduate students at Manhattan Area Technical College around 83% (42 total) receive some form of grant aid. The typical amount awarded was $4,833.00.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.