FINANCIAL AID

GET HELP PAYING FOR SCHOOL

Paying for school can be easier than you think! We can help guide you and find the best funding for you. Don’t let worries about how to pay stop you from reaching your goals!

A student signing up for FAFSA on a computer

45%

Students Receive Some Aid

1,575+

Scholarships Awarded

3.1M

Total Aid Awarded

Types of financial aid

Scholarships
Federal Aid

Need Help?

Our Financial Aid Advisors are here to help you find the best options for covering tuition, books, and materials—so money doesn’t hold you back. Need help? Schedule an appointment or walk in today.

Frequently Asked Questions
What is Academic Performance?

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)

 

4 credits completed ÷ 6 credits taken = 67%

7 credits completed ÷ 12 credits taken = 58%

At OTECH, 100% on-time completion means:

 

Part-time students – Must complete 1 credit every 2 weeks.

Full-time students – Must complete 1 credit every week.

At OTECH, we have many school scholarships. We also accept federal financial aid, military veterans’ 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.

Cost of Attendance 2025-2026 Pell Academic Year

(Average costs based on thirty credit hours full-time within nine months – no licensing fees)

Credit Hours Programs Without Required Licensing Fee

Regular ProgramIndependent StudentsDependent Students
Tuition$2,850.00$2,850.00
Enrollment Fee$45.00$45.00
Miscellaneous Fees$232.00$232.00
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$1,900.00
Academic Year Total$20,425.00$13,694.00
Per Credit Hour$681.00$456.00

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 ProgramIndependent StudentsDependent Students
Tuition$4,180.00$4,180.00
Enrollment Fee$45.00$45.00
Miscellaneous Fees$232.00$232.00
Room and Board$16,780.00$8,440.00
Transportation$1,530.00$1,530.00
Books & Supplies$782.00$782.00
Miscellaneous Personal Expenses$3,168.00$2,532.00
Academic Year Total$26,717.00$17,741.00
Per Credit Hour$607.00$403.00

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.

Contact us

Need help with Financial Aid?

Email Us

Email us anytime with any questions.
financial.aid@otech.edu

Walk in

Please arrive 20 minutes before closing
Mon. & Thurs: 8:00 a.m. – 6:00 p.m.
Tues. & Wed: 8:00 a.m. – 7:00 p.m.
Friday: 9:00 a.m. – 2:00 p.m.
Student Services Building, Room 126

Call Us

Please call 20 minutes before closing
Mon. & Thurs: 8:00 a.m. – 6:00 p.m.
Tues. & Wed: 8:00 a.m. – 7:00 p.m.
Friday: 9:00 a.m. – 2:00 p.m.
801-627-8327