Financial Aid at Spa Tech Institute-Westbrook
Financial Aid Amount Received
$4,553 (38.10% of tuition)
Percent of Financial Aid Received
46% of 248 students
162 undergraduate students (46% of all students) have received grants, scholarships, and/or federal student loans at Spa Tech Institute-Westbrook. The percentage of students who received financial aid lower compared to Private (for-profit), Less Than 2-Years Colleges in Maine.
Compared to similar schools in rankings such as University of Maine-System Central Office and Empire Beauty School-Maine, the percentage of students who received financial aid is lower (the average of the schools is 64.25%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $4,553 and the average loan amount is $4,788. The average financial aid amount is 38.10% of tuition & fees (tuition & fees: $11,950).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 162 | 46% | $737,642 | $4,553 |
| Pell Grants | 140 | 40% | $475,461 | $3,396 |
| Federal Students Loans | 213 | 61% | $1,019,739 | $4,788 |
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), 58 students have received one or more types of financial aid at Spa Tech Institute-Westbrook.
The average amount of federal, state, local or institutional grant aid is $5,366 and the average amount of student loans awarded to full-time first-time undergraduate students is $5,389.
The following table shows the financial data by type of aid at Spa Tech Institute-Westbrook.
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 | 85 | 93% | - | - |
| Grant or scholarship aid | 58 | 64% | $311,205 | $5,366 |
| Federal Grants | 58 | 64% | $219,789 | $3,789 |
| Pell Grants | 58 | 64% | $219,789 | $3,789 |
| Other Federal Grants | 0 | 0% | $0 | $0 |
| State/Local Grants | 51 | 56% | $91,416 | $1,792 |
| Institutional Grants | 0 | 0% | $0 | $0 |
| Student Loans | 74 | 81% | $398,777 | $5,389 |
| Federal Student Loans | 74 | 81% | $376,575 | $5,089 |
| Other Student Loans | 1 | 1% | $22,202 | $22,202 |