Financial Aid at Spa Tech Institute-Westbrook
Financial Aid Amount Received
$4,682 (39.18% of tuition)
Percent of Financial Aid Received
40% of 261 students
141 undergraduate students (40% of all students) have received grants, scholarships, and/or federal student loans at Spa Tech Institute-Westbrook. The percentage of students who received financial aid lower compared to Private (for-profit), Less Than 2-Years Colleges in Maine.
Compared to similar schools in rankings such as University of Maine-System Central Office and Empire Beauty School-Maine, the percentage of students who received financial aid is lower (the average of the schools is 58.00%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $4,682 and the average loan amount is $5,661. The average financial aid amount is 39.18% of tuition & fees (tuition & fees: $11,950).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 141 | 40% | $660,152 | $4,682 |
| Pell Grants | 121 | 34% | $404,354 | $3,342 |
| Federal Students Loans | 167 | 47% | $945,436 | $5,661 |
Undergraduate Student Financial Aid Comparison Chart
First-time (full-time) Undergraduate Students Financial Aid
For the full-time, first-time undergraduate students (freshmen, in most cases), 31 students have received one or more types of financial aid at Spa Tech Institute-Westbrook.
The average amount of federal, state, local or institutional grant aid is $5,096 and the average amount of student loans awarded to full-time first-time undergraduate students is $6,817.
The following table shows the financial data by type of aid at Spa Tech Institute-Westbrook.
First-time Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 45 | 85% | - | - |
| Grant or scholarship aid | 31 | 58% | $157,965 | $5,096 |
| Federal Grants | 27 | 51% | $91,765 | $3,399 |
| Pell Grants | 27 | 51% | $91,765 | $3,399 |
| Other Federal Grants | 0 | 0% | $0 | - |
| State/Local Grants | 29 | 55% | $66,200 | $2,283 |
| Institutional Grants | 0 | 0% | $0 | - |
| Student Loans | 38 | 72% | $259,029 | $6,817 |
| Federal Student Loans | 38 | 72% | $189,553 | $4,988 |
| Other Student Loans | 4 | 8% | $69,476 | $17,369 |