$4,499

Avg. Federal Grant

$7,835

Avg. Federal Loan

$2,659,385

Total Aid Awarded

Automotive Training Center Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

74%

Total Aid Amount Average Total Aid Awarded per year.

$2.659M

Financial Aid Official Website

www.autotraining.edu

As many as 92% of the students at ATCE get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,991,080 in a year. At ATCE, the total percentage of applicants who receive the Federal Grant stands at 75%. On the other hand, 75% of the candidates get the Student Grant, 1% receive the Institution Grant, and 75% get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,094. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Automotive Training Center-Exton, the percentage of candidates who opt to avail of student loans is around 92%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

85%

State Grant Aid

66%

Institution Grant Aid

1%

Pell Grant

85%

Average Aid Awarded

Federal Grant Aid

$4,499

State Grant Aid

$4,351

Institution Grant Aid

$15,300

Pell Grant

$4,499

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,736

$30,001 - $48,000

$7,924

$48,001 - $75,000

$5,973

$75,001 - $110,000

$2,250

Over $110,000

N/A

Student Loans for Automotive Training Center

Average Loan Amount Average Loan Amount received per year.

$7,917/Year

Students Taking Out Loans

86%

Loan Default Rate

15%

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