Capitol Technology University Financial Aid and Scholarships
Students Receiving Aid
75%
Total Aid Amount
$4.371M
Financial Aid Official Website
https://mycapitol.captechu.edu/ICS/College_Offices/Financial_Aid_Office/
Such schemes include Board of Trustees Scholarship, Christa McAuliffe Scholarship, Community College Scholarship, and Developmental Disabilities, Mental Health, Child Welfare, and Juvenile Justice Workforce Tuition Assistance Program. It is interesting to note that, every year, around 86% of students at CTU receive some kind of financial aid, while the total amount of assistance/loans provided is $1,530,529. The total percentage of candidates applying to Capitol Technology University who receive the Federal Grant is 33%. On the other hand, 84% of the candidates get the Student Grant, 83% receive the Institution Grant, and 33% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,503, while the same comes to $5,975 for State Grant receivers and $9,912 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,462. 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 CTU, an estimated number of 64% of the applicants choose to go for student loans.
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