$6,044

Avg. Federal Grant

N/A

Avg. Federal Loan

$11,533,695

Total Aid Awarded

Columbus Technical College (CTC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

81%

Total Aid Amount Average Total Aid Awarded per year.

$11.534M

Financial Aid Official Website

https://www.columbustech.edu/students/financial-aid.cms

Such schemes include 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. It is interesting to note that, every year, around 91% of students at CTC receive some kind of financial aid. Notably, a total of 76% of the applicants to Columbus Technical College receive the Federal Grant every year. On the other hand, 89% of the candidates get the Student Grant, while 76% receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $6,217. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Columbus Technical College, the percentage of candidates who opt to avail of student loans is around 3%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

74%

State Grant Aid

48%

Institution Grant Aid

N/A

Pell Grant

74%

Average Aid Awarded

Federal Grant Aid

$6,044

State Grant Aid

$2,045

Institution Grant Aid

N/A

Pell Grant

$6,001

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,480

$30,001 - $48,000

$7,260

$48,001 - $75,000

$4,062

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Columbus Technical College (CTC)

Average Loan Amount Average Loan Amount received per year.

$2,289/Year

Students Taking Out Loans

1%

Loan Default Rate

17.4%