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What is the average loan amount at Spa Tech Institute Westbrook?

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For the academic year 2022-2023, total 74 full-time, first-time students (81% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 213 students (61% of all students) have received federal student loans and the average loan amount is $4,788 at Spa Tech Institute-Westbrook.

Below tables show the number and amount by source of financial aid at Spa Tech Institute-Westbrook.
All Undergraduate Student Financial Aid at Spa Tech Institute-Westbrook
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid16246%$4,553
Pell Grants14040%$3,396
Federal Student Loans21361%$4,788
Beginning Students (Freshmen) Financial Aid at Spa Tech Institute-Westbrook
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid8593%-
Grants or Scholarship from All Sources5864%$5,366
Federal Grants5864%$3,789
Pell Grants5864%$3,789
Other Federal Grants00%$0
State/Local Grants5156%$1,792
Institutional Grants00%$0
Student Loans7481%$5,389
Federal Student Loans7481%$5,089
Other Student Loans11%$22,202

Know more about Spa Tech Institute-Westbrook

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