Charlotte Technical College (CTC) Financial Aid & Student Lo

Charlotte Technical College (CTC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

62%

Total Aid Amount Average Total Aid Awarded per year.

$611.020K

Financial Aid Official Website

N/A

Charlotte Technical College provides the students with an extensive guide regarding the financial issue and the financial choices so that every student gets a chance to prevail in college irrespective of his or her financial conditions.

Education is a great investment in your future. At Charlotte Technical College, they work hard to provide the students with the career education they need at an affordable cost.

Investing in a student’s education is important, but it doesn’t have to be complicated. With this in mind, the Charlotte Technical College provides all the information that a student and his or her family need to navigate and understand every aspect of the financial aid process so the student can determine the steps that are right for them.

Whether a student is an incoming or current student, the college will assist them by providing comprehensive guidance about their financial aid options.

An amount of $611,020 is awarded as the financial aid by Charlotte Technical College to its students.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

47%

State Grant Aid

34%

Institution Grant Aid

28%

Pell Grant

47%

Average Aid Awarded

Federal Grant Aid

$4,180

State Grant Aid

$4,694

Institution Grant Aid

$1,000

Pell Grant

$4,126

The above-mentioned table represents the financial aid provided that is offered by Charlotte Technical College constitutes of four separate categories which are Federal Grants, Pell Grants, State Grants, and Institutional Grants.

In light of the Pell grant aid and the Federal grant aid, the percentage coverage for each of them is about 47%. The amount offered under the Pell grant aid programs is $4,126 and when it comes to Federal grant aid the average amount provided under this scheme is $4,180.

The aid that covers the least percentage of students is Institutional Grants which is about 28% and also the average grant amount provided under this category of aid for the college is the lowest of all the grants whose data are provided in the above table and is around $1,000.

Now if we look at the State Grant aid and the average amount assigned under this scheme is $4,694 and its coverage is about 34% of the student population of the college.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,521

$30,001 - $48,000

$6,522

$48,001 - $75,000

$2,943

$75,001 - $110,000

$1,970

Over $110,000

N/A

As represented in the table above, the federal aid that is being provided to the students of the college majorly depends on the financial conditions and the annual family income of the students.

According to the university, the students whose family income is below $30,000 per annum they have the provision of higher federal aid in order to make the educational burden little less on them the amount provided to these students is around $9,521 as their financial conditions are a bit on the weaker side.

This federal aid amount provided by the university decreases as the financial conditions of the students strengthen or in other words the family income on annual basis increases as depicted in the table.

There is a drastic fall in the financial aid provided after the $48,001 to $75,000 category and it amounts to $2,943.

The details regarding the students who belong to over $110,000 of family income are not given as the data was insufficient. Please visit the college’s official website for the required information.

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