$4,913

Avg. Federal Grant

$5,018

Avg. Federal Loan

$9,085,606

Total Aid Awarded

Ashland Community and Technical College (ACTC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

83%

Total Aid Amount Average Total Aid Awarded per year.

$9.086M

Financial Aid Official Website

https://ashland.kctcs.edu/affording-college

Notably, 98% of the students at Ashland Community and Technical College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,645,956. Notably, a total of 70% of the applicants to Ashland Community and Technical College receive the Federal Grant every year. Meanwhile, 95% of the applicants receive the Student Grant and 14% are awarded the Institution Grant, while 70% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,549, and the same stands at $2,284 for State Grant awardees and $1,772 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,060. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. Every year, around 30% of the applicants to Ashland Community and Technical College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

72%

State Grant Aid

75%

Institution Grant Aid

12%

Pell Grant

72%

Average Aid Awarded

Federal Grant Aid

$4,913

State Grant Aid

$1,953

Institution Grant Aid

$1,287

Pell Grant

$4,864

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,703

$30,001 - $48,000

$7,259

$48,001 - $75,000

$4,359

$75,001 - $110,000

$1,769

Over $110,000

$1,606

Student Loans for Ashland Community and Technical College (ACTC)

Average Loan Amount Average Loan Amount received per year.

$5,018/Year

Students Taking Out Loans

36%

Loan Default Rate

26.7%

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