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Georgia Institute of Technology

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

Official telephone: (404) 894-2000
Fax number: (404) 894-5520

Website: www.admission.gatech.edu


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Screen last updated on: September 10, 2007

The financial aid information below is valid for the 2007 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Marie R. Mons,
Director of Financial Planning and Services
Contacting the office: 404 894-4582
404 894-7412 (fax)
FAFSA number: 001569

EXPENSES
Undergraduate tuition: $4,496; $22,220 out-of-state
Tuition notes: Effective Fall 2006, tuiton is "fixed" for four years for all entering freshmen.
Additional required fees: $1,146
Book fees: $1,000
Miscellaneous expenses: $1,500
Combined room and board expenses: $7,294 - $7,294

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAMarch 1noMarch 1
Institution's own financial aid formN/AnoMarch 1

Date award notification begins: April 1
Applied for financial aid:
78% of first-year students
61% of full-time undergraduates
69% of part-time undergraduates
Determined to have financial need:
44% of first-year students
56% of full-time undergraduates
59% of part-time undergraduates
Students determined to have financial need who received any financial aid:
97% of first-year students
97% of full-time undergraduates
75% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
95% of first-year students
85% of full-time undergraduates
61% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
68% of first-year students
78% of full-time undergraduates
86% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
75% of first-year students
56% of full-time undergraduates
26% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
45% of first-year students
36% of full-time undergraduates
25% 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):
40% for first-year students
41% for full-time undergraduates
39% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$9,763 for first-year students
$9,086 for full-time undergraduates
$6,207 for part-time undergraduates
Average need-based gift award:
$7,938 for first-year students
$6,897 for full-time undergraduates
$4,134 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$3,492 for first-year students
$4,348 for full-time undergraduates
$4,245 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,292 for first-year students
$4,197 for full-time undergraduates
$4,199 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
45% of first-year students
32% of full-time undergraduates
14% 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):
$5,517 for first-year students
$5,306 for full-time undergraduates
$3,563 for part-time undergraduates
Students who received a non-need-based athletic award:
2% of first-year students
3% of full-time undergraduates
1% of part-time undergraduates
Average non-need-based athletic award:
$13,607 for first-year students
$13,224 for full-time undergraduates
$7,190 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 2%

TYPES OF AID AVAILABLE
Types of loans available:
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
  • College/University Loans
  • Private/Alternative Loans from multiple sources
Parent loans packaged to meet need: yes
First-year loan package range: $3,083 - $4,429
Undergraduate loan package range: $4,711 - $5,286
Percent of undergraduates who have borrowed through all loan programs: 49%
Average student debt upon graduation: $16,875
Types of payment plans:
  • guaranteed tuition
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
  • Georgia Tech Grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • state scholarships/grants
  • academic merit scholarships/grants
  • special achievements/activities
  • special characteristics
  • athletic scholarships
  • ROTC scholarships
First-year scholarship/grant award range: $3,152 - $7,231
Undergraduate scholarship/grant award range: $3,192 - $6,379
Percent of scholarship aid awarded to out-of-state students: 24%



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