$6,820

Avg. Federal Grant

$6,549

Avg. Federal Loan

$11,255,197

Total Aid Awarded

Asheville-Buncombe Technical Community College (ABTech) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

45%

Total Aid Amount Average Total Aid Awarded per year.

$11.255M

Financial Aid Official Website

https://www.abtech.edu/financial-aid-home/getting-started

Notably, 66% of the students at Asheville-Buncombe Technical Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,962,459. For additional information about financial assistance schemes, one can head over to ABTCC’s financial aid page at https://www.abtech.edu/financial-aid-home/getting-started. The total percentage of candidates applying to Asheville-Buncombe Technical Community College who receive the Federal Grant is 53%. Meanwhile, 64% of the applicants receive the Student Grant and 10% are awarded the Institution Grant, while 53% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,543, and the same stands at $1,675 for State Grant awardees and $991 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,453. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At ABTCC, an estimated number of 9% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

57%

State Grant Aid

21%

Institution Grant Aid

17%

Pell Grant

57%

Average Aid Awarded

Federal Grant Aid

$6,820

State Grant Aid

$1,673

Institution Grant Aid

$2,364

Pell Grant

$6,809

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,695

$30,001 - $48,000

$7,115

$48,001 - $75,000

$5,909

$75,001 - $110,000

$2,016

Over $110,000

N/A

Student Loans for Asheville-Buncombe Technical Community College (ABTech)

Average Loan Amount Average Loan Amount received per year.

$6,549/Year

Students Taking Out Loans

11%

Loan Default Rate

18.1%

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