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What is the average financial aid amount at Madison Area Technical College?

For the academic year 2022-2023, total 329 full-time, first-time students (50% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 3,199 students (26% of all students) received grants or scholarships and the average grant amount is $4,374. In addition, 2,137 students received student loans and the average loan amount is $6,087.

Below tables show the number and amount by source of financial aid at Madison Area Technical College.
All Undergraduate Student Financial Aid at Madison Area Technical College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid3,19926%$4,374
Pell Grants2,48321%$3,475
Federal Student Loans2,13718%$6,087
Beginning Students (Freshmen) Financial Aid at Madison Area Technical College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid32950%-
Grants or Scholarship from All Sources24938%$5,289
Federal Grants19730%$4,938
Pell Grants15524%$5,991
Other Federal Grants9414%$470
State/Local Grants18228%$1,345
Institutional Grants7211%$1,379
Student Loans15524%$6,027
Federal Student Loans15524%$5,482
Other Student Loans71%$12,083

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