$3,962

Avg. Federal Grant

$6,269

Avg. Federal Loan

$1,042,285

Total Aid Awarded

Diesel Driving Academy Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

87%

Total Aid Amount Average Total Aid Awarded per year.

$1.042M

Financial Aid Official Website

www.dda.edu

Notably, 84% of the students at Diesel Driving Academy-Shreveport get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,549,361. Notably, a total of 50% of the applicants to Diesel Driving Academy-Shreveport receive the Federal Grant every year. In comparison, 67% of the students get the Student Grant, and 50% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,372. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. Every year, around 54% of the applicants to Diesel Driving Academy-Shreveport opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

84%

State Grant Aid

3%

Institution Grant Aid

N/A

Pell Grant

84%

Average Aid Awarded

Federal Grant Aid

$3,962

State Grant Aid

$6,574

Institution Grant Aid

N/A

Pell Grant

$3,840

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$3,695

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Diesel Driving Academy

Average Loan Amount Average Loan Amount received per year.

$7,977/Year

Students Taking Out Loans

90%

Loan Default Rate

11.3%

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