$5,042

Avg. Federal Grant

$8,546

Avg. Federal Loan

$893,627

Total Aid Awarded

MediaTech Institute-Dallas Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

56%

Total Aid Amount Average Total Aid Awarded per year.

$893.627K

Financial Aid Official Website

mediatech.edu/federal-student-aid/

It is interesting to note that, every year, around 81% of students at MID receive some kind of financial aid, while the total amount of assistance/loans provided is $1,561,958. The total percentage of candidates applying to MediaTech Institute-Dallas who receive the Federal Grant is 56%. Meanwhile, 72% of the applicants receive the Student Grant and 44% are awarded the Institution Grant, while 56% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,885. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. Every year, around 68% of the applicants to MediaTech Institute-Dallas opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

65%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

65%

Average Aid Awarded

Federal Grant Aid

$5,042

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,042

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,652

$30,001 - $48,000

$4,422

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for MediaTech Institute-Dallas

Average Loan Amount Average Loan Amount received per year.

$8,546/Year

Students Taking Out Loans

69%

Loan Default Rate

16.9%

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