Number Received Financial Aid (All Undergraduate)
47
Percent Received Financial Aid(All Undergraduate)
60%
Average Aid Amount
$3,837
Number Received Financial Aid (Freshmen)
8
Percent Received Financial Aid (Freshmen)
89%
Financial Aid Information at Spa Tech Institute-North Andover
For the academic year 2021-2022, a total of 47 students (60% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $3,837. For freshmen (Full-time, first-time degree-seeking undergraduate students), 8 students (89% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Spa Tech Institute-North Andover is $11,950, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 47 students (60% of all students) have received grants or scholarships and the average received aid amount is $3,837. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Spa Tech Institute-North Andover 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 | 47 | 60% | $3,837 |
| Pell Grants | 46 | 59% | $3,412 |
| Federal Student Loans | 53 | 68% | $5,045 |
Beginning Students Financial Aid
a total of 8 beginning students (89% of all freshmen) have received any financial aid and 8 students (89% 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 Spa Tech Institute-North Andover.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 8 | 89% | - |
| Grants or Scholarship from All Sources | 8 | 89% | $3,413 |
| Federal Grants | 8 | 89% | $3,413 |
| Pell Grants | 8 | 89% | $3,413 |
| Other Federal Grants | 0 | 0% | $0 |
| State/Local Grants | 0 | 0% | $0 |
| Institutional Grants | 0 | 0% | $0 |
| Student Loans | 8 | 89% | $4,928 |
| Federal Student Loans | 8 | 89% | $4,928 |
| Other Student Loans | 0 | 0% | $0 |
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