Financial Aid at Universal Technical Institute-Bloomfield
Financial Aid Amount Received
$4,377 (10.56% of tuition)
Percent of Financial Aid Received
72% of 1,125 students
1,031 undergraduate students (72% of all students) have received grants, scholarships, and/or federal student loans at Universal Technical Institute-Bloomfield. The percentage of students who received financial aid average compared to Private (for-profit), 2-4 Years Colleges in New Jersey.
Compared to similar schools in rankings such as Fortis Institute-Wayne and Adult and Continuing Education-BCTS, the percentage of students who received financial aid is average (the average of the schools is 69.20%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $4,377 and the average loan amount is $6,368. The average financial aid amount is 10.56% of tuition & fees (tuition & fees: $41,450).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 1,031 | 72% | $4,512,261 | $4,377 |
| Pell Grants | 757 | 53% | $3,665,815 | $4,843 |
| Federal Students Loans | 950 | 66% | $6,049,435 | $6,368 |
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), 429 students have received one or more types of financial aid at Universal Technical Institute-Bloomfield.
The average amount of federal, state, local or institutional grant aid is $5,757 and the average amount of student loans awarded to full-time first-time undergraduate students is $7,849.
The following table shows the financial data by type of aid at Universal Technical Institute-Bloomfield.
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 | 538 | 94% | - | - |
| Grant or scholarship aid | 429 | 75% | $2,469,719 | $5,757 |
| Federal Grants | 393 | 69% | $2,219,789 | $5,648 |
| Pell Grants | 390 | 68% | $2,135,458 | $5,476 |
| Other Federal Grants | 71 | 12% | $84,331 | $1,188 |
| State/Local Grants | 0 | 0% | $0 | - |
| Institutional Grants | 93 | 16% | $249,930 | $2,687 |
| Student Loans | 487 | 85% | $3,822,607 | $7,849 |
| Federal Student Loans | 484 | 85% | $3,024,238 | $6,248 |
| Other Student Loans | 101 | 18% | $798,369 | $7,905 |