Financial Aid at Universal Technical Institute-Bloomfield
Financial Aid Amount Received
$4,317 (10.41% of tuition)
Percent of Financial Aid Received
77% of 1,125 students
1,084 undergraduate students (77% of all students) have received grants, scholarships, and/or federal student loans at Universal Technical Institute-Bloomfield. The percentage of students who received financial aid higher compared to Private (for-profit), 2-4 Years Colleges in New Jersey.
Compared to similar schools in rankings such as Fortis Institute-Wayne and Adult and Continuing Education-BCTS, the percentage of students who received financial aid is higher (the average of the schools is 68.10%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $4,317 and the average loan amount is $6,580. The average financial aid amount is 10.41% of tuition & fees (tuition & fees: $41,450).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 1,084 | 77% | $4,679,770 | $4,317 |
| Pell Grants | 731 | 52% | $3,337,168 | $4,565 |
| Federal Students Loans | 927 | 66% | $6,099,234 | $6,580 |
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), 403 students have received one or more types of financial aid at Universal Technical Institute-Bloomfield.
The average amount of federal, state, local or institutional grant aid is $6,007 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,207.
The following table shows the financial data by type of aid at Universal Technical Institute-Bloomfield.
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 | 478 | 91% | - | - |
| Grant or scholarship aid | 403 | 77% | $2,420,997 | $6,007 |
| Federal Grants | 363 | 69% | $2,220,392 | $6,117 |
| Pell Grants | 362 | 69% | $1,846,977 | $5,102 |
| Other Federal Grants | 297 | 57% | $373,415 | $1,257 |
| State/Local Grants | 0 | 0% | $0 | $0 |
| Institutional Grants | 82 | 16% | $200,605 | $2,446 |
| Student Loans | 432 | 82% | $3,545,495 | $8,207 |
| Federal Student Loans | 431 | 82% | $2,776,841 | $6,443 |
| Other Student Loans | 108 | 21% | $768,654 | $7,117 |