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What is the average loan amount at Midwest Technical Institute Illinois?

For the academic year 2022-2023, total 624 full-time, first-time students (87% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 1,679 students (79% of all students) have received federal student loans and the average loan amount is $8,447 at Midwest Technical Institute-Illinois.

Below tables show the number and amount by source of financial aid at Midwest Technical Institute-Illinois.
All Undergraduate Student Financial Aid at Midwest Technical Institute-Illinois
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,62176%$7,485
Pell Grants1,43968%$6,334
Federal Student Loans1,67979%$8,447
Beginning Students (Freshmen) Financial Aid at Midwest Technical Institute-Illinois
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid65792%-
Grants or Scholarship from All Sources55878%$7,303
Federal Grants54175%$6,357
Pell Grants54175%$6,299
Other Federal Grants41%$7,801
State/Local Grants497%$8,215
Institutional Grants9613%$2,431
Student Loans62487%$8,742
Federal Student Loans62487%$7,771
Other Student Loans12718%$4,774

Know more about Midwest Technical Institute-Illinois

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