$5,580

Avg. Federal Grant

$3,507

Avg. Federal Loan

$24,974,274

Total Aid Awarded

Central Georgia Technical College (CGTC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

76%

Total Aid Amount Average Total Aid Awarded per year.

$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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

72%

State Grant Aid

56%

Institution Grant Aid

3%

Pell Grant

72%

Average Aid Awarded

Federal Grant Aid

$5,580

State Grant Aid

$2,284

Institution Grant Aid

$2,068

Pell Grant

$5,495

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,284

$30,001 - $48,000

$6,800

$48,001 - $75,000

$4,029

$75,001 - $110,000

$1,417

Over $110,000

$1,432

Student Loans for Central Georgia Technical College (CGTC)

Average Loan Amount Average Loan Amount received per year.

$3,507/Year

Students Taking Out Loans

28%

Loan Default Rate

20.8%

Other Colleges In Georgia

Other Public Colleges

Florida State University (FSU)
Florida State University (FSU)

Tallahassee, Florida

Cerritos College
Cerritos College

Norwalk, California