$4,393

Avg. Federal Grant

$6,895

Avg. Federal Loan

$1,128,331

Total Aid Awarded

College for Technical Education (CTE) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

99%

Total Aid Amount Average Total Aid Awarded per year.

$1.128M

Financial Aid Official Website

cte.edu/financial/

It is interesting to note that almost every student at ESCTE receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $1,217,521. Notably, a total of 100% of the applicants to Employment Solutions-College for Technical Education receive the Federal Grant every year. In comparison, 100% of the students are awarded the Student Grant, 58% get the Institution Grant, and 100% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,178. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 97% of the applicants to Employment Solutions-College for Technical Education opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

98%

State Grant Aid

N/A

Institution Grant Aid

98%

Pell Grant

98%

Average Aid Awarded

Federal Grant Aid

$4,393

State Grant Aid

N/A

Institution Grant Aid

$2,235

Pell Grant

$4,393

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,698

$30,001 - $48,000

N/A

$48,001 - $75,000

$6,095

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for College for Technical Education (CTE)

Average Loan Amount Average Loan Amount received per year.

$6,895/Year

Students Taking Out Loans

100%

Loan Default Rate

22.8%

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