Number Received Financial Aid (All Undergraduate)
799
Percent Received Financial Aid(All Undergraduate)
48%
Average Aid Amount
$6,639
Number Received Financial Aid (Freshmen)
384
Percent Received Financial Aid (Freshmen)
50%
Financial Aid Information at MTI
For the academic year 2023-2024, a total of 799 students (48% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $6,639. For freshmen (Full-time, first-time degree-seeking undergraduate students), 384 students (50% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at MTI College is $17,000, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 799 students (48% of all students) have received grants or scholarships and the average received aid amount is $6,639. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at MTI College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 799 | 48% | $6,639 |
| Pell Grants | 680 | 41% | $5,213 |
| Federal Student Loans | 514 | 31% | $7,417 |
Beginning Students Financial Aid
a total of 384 beginning students (50% of all freshmen) have received any financial aid and 381 students (50% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at MTI College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 384 | 50% | - |
| Grants or Scholarship from All Sources | 355 | 46% | $6,649 |
| Federal Grants | 272 | 36% | $5,233 |
| Pell Grants | 272 | 36% | $5,010 |
| Other Federal Grants | 161 | 21% | $377 |
| State/Local Grants | 35 | 5% | $2,858 |
| Institutional Grants | 177 | 23% | $4,728 |
| Student Loans | 176 | 23% | $6,921 |
| Federal Student Loans | 176 | 23% | $6,921 |
| Other Student Loans | 0 | 0% | - |
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