Financial Aid at Midwest Technical Institute-Illinois
Financial Aid Amount Received
$7,485 (45.79% of tuition)
Percent of Financial Aid Received
76% of 1,108 students
1,621 undergraduate students (76% 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 much 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 64.00%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $7,485 and the average loan amount is $8,447. The average financial aid amount is 45.79% of tuition & fees (tuition & fees: $16,345).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 1,621 | 76% | $12,133,529 | $7,485 |
| Pell Grants | 1,439 | 68% | $9,113,924 | $6,334 |
| Federal Students Loans | 1,679 | 79% | $14,182,096 | $8,447 |
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), 558 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 $7,303 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,742.
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 | 657 | 92% | - | - |
| Grant or scholarship aid | 558 | 78% | $4,074,947 | $7,303 |
| Federal Grants | 541 | 75% | $3,438,997 | $6,357 |
| Pell Grants | 541 | 75% | $3,407,792 | $6,299 |
| Other Federal Grants | 4 | 1% | $31,205 | $7,801 |
| State/Local Grants | 49 | 7% | $402,550 | $8,215 |
| Institutional Grants | 96 | 13% | $233,400 | $2,431 |
| Student Loans | 624 | 87% | $5,455,168 | $8,742 |
| Federal Student Loans | 624 | 87% | $4,848,854 | $7,771 |
| Other Student Loans | 127 | 18% | $606,314 | $4,774 |