Financial Aid at Midwest Technical Institute-Illinois
Financial Aid Amount Received
$6,513 (40.22% of tuition)
Percent of Financial Aid Received
71% of 1,326 students
1,160 undergraduate students (65% of all students) have received grants, scholarships, and/or federal student loans at Midwest Technical Institute-Illinois (Springfield, IL). The percentage of students who received financial aid higher compared to Private (for-profit), Less Than 2-Years Colleges in Illinois.
Compared to similar schools in rankings such as American Islamic College and Paul Mitchell the School-Tinley Park, the percentage of students who received financial aid is higher (the average of the schools is 62.50%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $6,364 and the average loan amount is $8,075. The average financial aid amount is 40.22% of tuition & fees (tuition & fees: $16,195).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 1,160 | 65% | $7,382,640 | $6,364 |
| Pell Grants | 1,122 | 63% | $6,616,069 | $5,897 |
| Federal Students Loans | 1,259 | 70% | $10,166,410 | $8,075 |
Undergraduate Student Financial Aid Comparison Chart
First-time (full-time) Undergraduate Students Financial Aid
For the full-time, first-time undergraduate students (freshmen, in most cases), 384 students have received one or more types of financial aid at Midwest Technical Institute-Illinois (Springfield, IL).
The average amount of federal, state, local or institutional grant aid is $6,239 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,524.
The following table shows the financial data by type of aid at Midwest Technical Institute-Illinois (Springfield, IL).
First-time Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 436 | 80% | - | - |
| Grant or scholarship aid | 384 | 70% | $2,395,834 | $6,239 |
| Federal Grants | 376 | 69% | $2,218,268 | $5,900 |
| Pell Grants | 375 | 69% | $2,147,017 | $5,725 |
| Other Federal Grants | 8 | 1% | $71,251 | $8,906 |
| State/Local Grants | 24 | 4% | $57,786 | $2,408 |
| Institutional Grants | 42 | 8% | $119,780 | $2,852 |
| Student Loans | 416 | 76% | $3,545,783 | $8,524 |
| Federal Student Loans | 416 | 76% | $3,103,805 | $7,461 |
| Other Student Loans | 92 | 17% | $441,978 | $4,804 |