$4,384

Avg. Federal Grant

$5,763

Avg. Federal Loan

$4,371,104

Total Aid Awarded

Capitol Technology University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

75%

Total Aid Amount Average Total Aid Awarded per year.

$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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

53%

State Grant Aid

32%

Institution Grant Aid

93%

Pell Grant

53%

Average Aid Awarded

Federal Grant Aid

$4,384

State Grant Aid

$7,630

Institution Grant Aid

$10,086

Pell Grant

$3,946

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$19,728

$30,001 - $48,000

$19,533

$48,001 - $75,000

$12,934

$75,001 - $110,000

$8,962

Over $110,000

$11,095

Student Loans for Capitol Technology University

Average Loan Amount Average Loan Amount received per year.

$7,023/Year

Students Taking Out Loans

83%

Loan Default Rate

8.1%

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