$4,496

Avg. Federal Grant

$5,204

Avg. Federal Loan

$16,074,454

Total Aid Awarded

Central Texas College (CTC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

28%

Total Aid Amount Average Total Aid Awarded per year.

$16.074M

Financial Aid Official Website

www.ctcd.edu/students/current-ctc-students/financial-aid/

Among them are scholarship programs such as Abe and Annie Seibel Foundation Loan, Children of U.S. Military who are Missing in Action or Prisoners of War (MIA/POWs) Exemption, Dr. Joseph Graham Fellowship for College Pro-Life Leaders, and Faye and Rendell Webb Scholarship. Notably, 72% of the students at Central Texas College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $7,380,849. Notably, a total of 65% of the applicants to Central Texas College receive the Federal Grant every year. In comparison, 67% of the students are awarded the Student Grant, 15% get the Institution Grant, and 65% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,962, the State Grant receivers and Institution Grant beneficiaries get $2,599 and $1,062, respectively. And, for the Pell Grant awardees, the average aid amount is $3,474. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Central Texas College, the percentage of candidates who opt to avail of student loans is around 28%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

61%

State Grant Aid

7%

Institution Grant Aid

19%

Pell Grant

57%

Average Aid Awarded

Federal Grant Aid

$4,496

State Grant Aid

$1,784

Institution Grant Aid

$1,112

Pell Grant

$4,732

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,144

$30,001 - $48,000

$4,760

$48,001 - $75,000

$825

$75,001 - $110,000

$658

Over $110,000

$500

Student Loans for Central Texas College (CTC)

Average Loan Amount Average Loan Amount received per year.

$5,204/Year

Students Taking Out Loans

15%

Loan Default Rate

16%