$4,657

Avg. Federal Grant

$4,259

Avg. Federal Loan

$6,624,282

Total Aid Awarded

Aiken Technical College (ATC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

76%

Total Aid Amount Average Total Aid Awarded per year.

$6.624M

Financial Aid Official Website

https://www.atc.edu/Offices/Financial-Aid

Such schemes include C.G. Fuller Foundation Scholarship, LinkScholars Program, South Carolina Legislative Incentives for Future Excellence (LIFE) Scholarship, and South Carolina Need-based Grant. Notably, 96% of the students at Aiken Technical College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,418,867. More information regarding the financial assistance schemes can be accessed on ATC’s official financial aid page at https://www.atc.edu/Offices/Financial-Aid. At ATC, the total percentage of applicants who receive the Federal Grant stands at 51%. Meanwhile, 95% of the applicants receive the Student Grant and 19% are awarded the Institution Grant, while 51% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,275, the State Grant receivers and Institution Grant beneficiaries get $3,709 and $867, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,636. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At Aiken Technical College, the percentage of candidates who opt to avail of student loans is around 9%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

41%

State Grant Aid

84%

Institution Grant Aid

19%

Pell Grant

41%

Average Aid Awarded

Federal Grant Aid

$4,657

State Grant Aid

$3,602

Institution Grant Aid

$906

Pell Grant

$4,620

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,703

$30,001 - $48,000

$8,156

$48,001 - $75,000

$5,775

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Aiken Technical College (ATC)

Average Loan Amount Average Loan Amount received per year.

$4,515/Year

Students Taking Out Loans

9%

Loan Default Rate

15.7%

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