Georgia Institute of Technology-Main Campus
Atlanta, GA 30332-0530

Financial Aid

$7,944
Average Institutional Grant
2016-2017

In the 2016-2017 academic year, full-time freshman students of Georgia Institute of Technology-Main Campus were awarded a total amount of $23,694,585 in grant and $4,315,008 in federal student loans. 65% of freshman students received some type of financial aid either in the form of grant or scholarship from the federal, state or local government and the institution. 24% of the freshman students received federal student loan.

The following tables details the breakdown of all types of financial aid awarded to full-time undergrad students who entered the college in Fall 2016

Grant & Scholarships

Students Receiving Aid Average Amount Total Amount
Pell Grant 346 11% $4,411 $1,526,138
Other Federal Grant 24 1% $3,793 $91,042
State Grant/Scholarships 1,545 50% $10,290 $15,897,318
Institutional Grant/Scholarships 778 25% $7,944 $6,180,087
Total Grant & Scholarships 2,002 65% $11,835 $23,694,585

Student Loans

Students Receiving Loans Average Amount Total Amount
Federal Student Loans 747 24% $5,776 $4,315,008
Private Loans 163 5% $13,318 $2,170,915
Total Loans 775 25% $8,369 $6,485,923

Student Loan Default Rate

1%
Current default rate
Fiscal year - 2014

The following table shows Federal Family Education Loan (FFEL) Program and William D. Ford Federal Direct Loan (Direct Loan) borrowers statistics and default rates for Georgia Institute of Technology-Main Campus from 2012 to 2014 and comparisons between the school's default rates and similar schools in the state and national average.

Default Rate
Fiscal Year Borrowers Defaulters School State Avg. National Avg.
2014 2,409 31 1%
2013 2,379 49 2%
2012 2,455 42 1%
  • Fiscal Year - October 1 to September 30
  • Borrowers - Total number of borrowers who entered into repayment in the fiscal year.
  • Defaulters - Number of borrowers who defaulted in the fiscal year.
  • School - Georgia Institute of Technology-Main Campus's default rate
  • State Avg. - Georgia's 4 year colleges average default rate
  • National Avg. - National average default rate of 4 year colleges

Financial Aid by Income Level

This section details the amount of financial aid provided to Georgia Institute of Technology-Main Campus students over the past 5 years. The data is categorized into 5 income brackets. Click on each income bracket to view the amount of finanical aid provided and the number of recipients for the past 5 years.

Net Price

$13,340
Average Net Price
2016-2017

Weather your family is financially well-off or unaffluent, you might be eligible for some type of financial aid in the form of grant, loan or scholarship. No matter what your situation is, you should first apply for Federal Student Aid (FAFSA). Colleges and universities use the information from your FAFSA and federal tax return to calculate your Expected Family Contribution (EFC). Your EFC determines how much financial aid you're eligible to receive.

This section details the net prices paid by students in the 2016-2017 academic year at Georgia Institute of Technology-Main Campus. The amounts are averaged out for 5 family income brackets.

Here is a simple formula to calculate your net price or use the link below to estimate your net price more accurately.

Net Price = Sticker Price - Financial aid

Financial aid include: federal, state or local government grants and institutional grants and scholarships

Average Net Price by Family Income

Family Income Average Net Price
Less than $30,000$6,293
$30,000 to $48,000$8,943
$48,000 to $75,000$12,284
$75,000 to $110,000$14,690
Over $110,000$15,410
Get your personal estimate

Veterans and Service Members

$8,565
Average Financial Aid
2016-2017

The following section details the amount of financial aid provided to veteran students and their family members at Georgia Institute of Technology-Main Campus.

In 2016-2017 academic year, 249 students received an average amount of $10,697 in financial aid in the form of post-9/11 GI bill benefits and 73 students received $1,292 on average through yellow ribbon program.

Unlike other types of government financial aid, veterans financial aid is available to both undergraduates and graduate students.

Post-9/11 GI Bill

Yellow Ribbon Program

Learn more about financial aid for veterans

Financial Aid Deadlines

February 15

  • Financial aid application (regular)

April 1

  • Financial aid decisions notification

May 1

  • Student must reply to financial aid offer
  • Transfer financial aid application

Campus Location

Nearby Colleges

Nearby 4 year colleges within 100 mile radius of Georgia Institute of Technology-Main Campus.

Georgia State University
1.4 mile away
Clayton State University
12.9 mile away
Kennesaw State University
21.3 mile away
Georgia Gwinnett College
26.7 mile away
Gordon State College
52.1 mile away
University of Georgia
59.9 mile away