Paying for school can be easier than you think! Our Financial Aid Advisors are here to guide you and find the best aid for you. There’s money available to cover costs like tuition, books, and materials. Don’t let worries about how to pay stop you from reaching your goals!
Financial Aid is a term used to describe all of the following types of financial help.
It’s how well a student is doing in their classes and moving forward in their program.
The minimum academic performance students must meet to get and keep financial aid. Check the specific requirements for SAP under each type of funding.
Equation: (number of credits completed ÷ number of credits attempted = academic performance)
At OTECH, 100% on-time completion means:
At OTECH, we have many school scholarships. We also accept federal financial aid, military veteran’s funding, and outside scholarships. We can help you with any of these types of financial aid.
The college may re-award scholarships to students returning from religious, military, or extended leave, depending on the scholarship.
Please contact the Financial Aid and Scholarship team for help with your situation.
The Financial Aid and Scholarship team can help you to find other possible ways to help pay for school.
Award Letter – A document that shows how much financial aid you will get.
Cost of Attendance (COA) – The total cost of going to school, including tuition, books, and living expenses.
Expected Family Contribution (EFC) – The amount of money your family is expected to pay for your education, based on financial information.
Free Application for Federal Student Aid (FAFSA) – A free form to fill out to see if you can get federal financial aid.
Grants – Free money to help pay for school that you don’t have to pay back.
Scholarships – Free money to help pay for school that you don’t have to pay back. At OTECH, scholarships are widely available.
Pell Grant – A federal government grant for students who need financial help with school. Pell Grants are money that you don’t have to pay back.
Work-Study Program – A program where a student works part-time to help pay for school.
Disbursement – When financial aid money is paid to the school or to you.
Refund – Money left over after the school pays for tuition and fees, that is sent to you.
Verification – A process where your school checks your FAFSA information to make sure it’s correct.
Funds/Funding – Another word used to mean the money available to help you pay for school.
Credit Hours Programs Without Required Licensing Fee
| Regular Program | Independent Students | Dependent Students |
|---|---|---|
| Tuition | $2,850.00 | $2,850.00 |
| Enrollment Fee | $45.00 | $45.00 |
| Room and Board | $12,610.00 | $6,355.00 |
| Transportation | $1,530.00 | $1,530.00 |
| Books & Supplies | $782.00 | $782.00 |
| Miscellaneous Personal Expenses | $2,376.00 | $1,899.00 |
| Academic Year Total | $20,193.00 | $13,462.00 |
| Per Credit Hour | $673.00 | $449.00 |
Tuition is based on $95 per credit hour rate for 30 credits.
Enrollment fee standard charge of $45 for all students covers enrollment and graduation costs.
Independent student room & board based on $1,390 FMR rent plus $100 boarding fees for 9 months.
Dependent student room & board based on $695 average rent plus $100 boarding fees for 9 months.
Transportation based on UTA monthly premium pass for $170 a month for 9 months.
Books and supplies average for all program costs.
Independent student miscellaneous personal expenses $264 per month for 9 months.
Dependent student miscellaneous personal expenses $211 per for 9 months.
Full Year for Campus-based Aid Programs
(Based on twelve months and forty-four credits)
| Regular Program | Independent Students | Dependent Students |
|---|---|---|
| Tuition | $4,180.00 | $4,180.00 |
| Enrollment Fees | $45.00 | $45.00 |
| Room & Board | $16,780.00 | $8,440.00 |
| Transportation | $2,040.00 | $2,040.00 |
| Books & Supplies | $782.00 | $782.00 |
| Miscellaneous Personal Expenses | $3,168.00 | $2,532.00 |
| Academic Year Total | $26,995.00 | $18,019.00 |
| Per Credit Hour | $613.52 | $409.52 |
Tuition is based on $95 per credit hour rate for 44 credits.
Enrollment fee standard charge of $45 for all students covers enrollment and graduation costs.
Independent student room & board based on $1,390 FMR rent plus $100 boarding fees for 12 months.
Dependent student room & board based on $695 average rent plus $100 boarding fees for 12 months.
Transportation based on UTA monthly premium pass for $170 a month for 12 months.
Books and supplies average for all program costs.
Independent student miscellaneous personal expenses $264 per month for 12 months.
Dependent student miscellaneous personal expenses $211 per for 12 months.
Location: Student Services Building, Room 126
Hours:
Monday & Thursday 8:00 a.m. – 6:00 p.m.
Tuesday & Wednesday 8:00 a.m. – 7:00 p.m.
Friday 8:00 a.m. – 4:00 p.m.
Walk-ins are welcome
Please arrive 20 minutes before closing