by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
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.
$5,961.00 is the typical Milwaukee Area Technical College’s first year financial aid package. 80% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at Milwaukee Area Technical College.
As well as scholarships, 68% of freshmen (672 total) obtained a federal grant, for about $5,164.00 a piece.
These grants and scholarships consist of mostly federal grants, as well as some local and state awards.
68% of first years at Milwaukee Area Technical College (672 total) obtained a federal grant, averaging $5,164.00.
Amount of Financial Assistance Per Income Level
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 | 38.57% | $6,943.00 |
| Income 30k-48k | 14.40% | $6,031.00 |
| Income 48k-75k | 8.46% | $3,469.00 |
| Income 75k-110k | 2.22% | $923.00 |
| Income 110k + | 0.60% | $352.00 |
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.
80% of the 993 undergraduates at Milwaukee Area Technical College receive some sort of grant aid. This is a total of about 698 students getting an average of $5,961.00 per person.The majority of which come in the form 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.