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National Application Center :: campus tours :: Georgia Institute of Technology costs & financial aid

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Georgia Institute of Technology

Georgia Institute of Technology
225 North Avenue, NW
Atlanta, GA 30332-0530

Official telephone: (404) 894-2000
Website: www.gatech.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2014 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Marie R. Mons,
Director of Student Financial Planning and Services
Contacting the office: 404 894-4160
404 894-7412 (fax)
finaid@gatech.edu
FAFSA number: 001569
CSS/PROFILE number: 5248

EXPENSES
Undergraduate tuition: $9,812; $30,004 out-of-state
Additional required fees: $2,400
Book fees: $800
Miscellaneous expenses: $3,260
Other expenses: Transportation and personal.
Combined room and board expenses: $10,948 - $14,270

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAN/AnoFebruary 15
Institution's own financial aid formN/AnoFebruary 15
CSS/Financial Aid PROFILEN/AnoFebruary 15

Date award notification begins: in mid-April
Applied for financial aid:
58% of first-year students
78% of full-time undergraduates
71% of part-time undergraduates
Determined to have financial need:
49% of first-year students
56% of full-time undergraduates
61% of part-time undergraduates
Students determined to have financial need who received any financial aid:
97% of first-year students
96% of full-time undergraduates
94% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
88% of first-year students
90% of full-time undergraduates
80% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
68% of first-year students
67% of full-time undergraduates
70% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
53% of first-year students
61% of full-time undergraduates
35% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
37% of first-year students
25% of full-time undergraduates
17% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
84% for first-year students
74% for full-time undergraduates
56% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$9,801 for first-year students
$12,188 for full-time undergraduates
$7,313 for part-time undergraduates
Average need-based gift award:
$7,953 for first-year students
$10,108 for full-time undergraduates
$5,603 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$4,130 for first-year students
$4,662 for full-time undergraduates
$4,054 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,788 for first-year students
$4,333 for full-time undergraduates
$3,964 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
20% of first-year students
24% of full-time undergraduates
15% of part-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$6,694 for first-year students
$8,546 for full-time undergraduates
$5,563 for part-time undergraduates
Students who received a non-need-based athletic award:
1% of first-year students
1% of full-time undergraduates
1% of part-time undergraduates
Average non-need-based athletic award:
$16,340 for first-year students
$19,158 for full-time undergraduates
$13,355 for part-time undergraduates
School participates in Federal Work-Study Program: yes

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • Federal Perkins Loans
  • State Loans
  • College/University Loans
Parent loans packaged to meet need: yes
Percent of undergraduates who have borrowed through all loan programs: 40%
Average student debt upon graduation: $25,182
Types of payment plans:
  • school's own payment plan(s)
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
  • United Negro College Fund
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • state scholarships/grants
  • academic merit scholarships/grants
  • creative arts/performance
  • special achievements/activities
  • special characteristics
  • athletic scholarships
  • ROTC scholarships
Percent of scholarship aid awarded to out-of-state students: 26%

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