Blue Ridge Community and Technical College Financial Aid and Scholarships
Students Receiving Aid
23%
Total Aid Amount
$5.157M
Financial Aid Official Website
www.blueridgectc.edu/financial-aid
It is interesting to note that, every year, around 75% of students at BRCTC receive some kind of financial aid, while the total amount of assistance/loans provided is $4,263,794. Notably, a total of 42% of the applicants to Blue Ridge Community and Technical College receive the Federal Grant every year. In comparison, 61% of the students are awarded the Student Grant, 9% get the Institution Grant, and 42% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,465, and the same stands at $2,433 for State Grant awardees and $1,522 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $3,483. 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. Every year, around 36% of the applicants to Blue Ridge Community and Technical College opt for student loans.
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