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.
Uncover the various financial aid options provided by Pennsylvania Institute of Technology and determine which ones you may be eligible for by continuing your exploration.
Pennsylvania Institute of Technology average financial aid offer for freshmen students is $3,499.00. Approximately 99% of incoming freshmen obtain financial assistance, with the majority being offered as 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.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at Pennsylvania Institute of Technology.
In addition to scholarships, 91% of freshman students (78 total) obtained federal grant aid, averaging $2,877.00 a piece.
The following scholarships and grants are made up of mainly federally provided grants, plus some state and local grants.
91% of first-year students at Pennsylvania Institute of Technology (78 total) obtained a federal grant, averaging $2,877.00.
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 | 81.40% | $3,511.00 |
| Income 30k-48k | 8.14% | $1,009.00 |
| Income 48k-75k | 1.16% | $190.00 |
| Income 75k-110k | 0.00% | $0.00 |
| Income 110k + | 0.00% | $0.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
99% of the 86 undergraduates at Pennsylvania Institute of Technology receive some sort of grant aid. This is a total of about 78 students getting an average of $3,499.00 per person.The bulk of which are Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
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