Central Georgia Technical College (CGTC) Financial Aid and Scholarships
Students Receiving Aid
76%
Total Aid Amount
$24.974M
Financial Aid Official Website
www.centralgatech.edu/admissions-financial-aid/
Students can avail of scholarships provided by the college, such as Constance L. Lloyd/ACMPE Scholarship, Georgia Public Safety Memorial Grant, HERO Scholarship Program (Helping Educate Reservists and their Offspring), and HOPE & PROMISE Teacher Scholarship Loans, if they find educational expenses to be on the higher side. As many as 87% of the students at CGTC get some sort of financial aid, and the total amount of assistance/loans provided is more than $8,247,443 in a year. Notably, a total of 69% of the applicants to Central Georgia Technical College receive the Federal Grant every year. In comparison, 83% of the students are awarded the Student Grant, 1% get the Institution Grant, and 69% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,607, while the same comes to $2,517 for State Grant receivers and $2,266 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,567. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 25% of the applicants to Central Georgia Technical College opt for student loans.
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