$4,377

Avg. Federal Grant

$3,885

Avg. Federal Loan

$14,920,180

Total Aid Awarded

Elizabethtown Community and Technical College (ECTC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

67%

Total Aid Amount Average Total Aid Awarded per year.

$14.920M

Financial Aid Official Website

https://elizabethtown.kctcs.edu/affording-college/important-financial-aid-information.aspx

It is interesting to note that, every year, around 98% of students at ECTC receive some kind of financial aid, while the total amount of assistance/loans provided is $4,388,572. One can visit ECTC's financial aid page at https://elizabethtown.kctcs.edu/affording-college/important-financial-aid-information.aspx for more information. Notably, a total of 57% of the applicants to Elizabethtown Community and Technical College receive the Federal Grant every year. On the other hand, 97% of the candidates get the Student Grant, 32% receive the Institution Grant, and 57% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,359, the State Grant receivers and Institution Grant beneficiaries get $2,240 and $1,420, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,500. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund 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 16% of the applicants to Elizabethtown Community and Technical College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

61%

State Grant Aid

85%

Institution Grant Aid

28%

Pell Grant

61%

Average Aid Awarded

Federal Grant Aid

$4,377

State Grant Aid

$2,116

Institution Grant Aid

$1,143

Pell Grant

$4,275

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,339

$30,001 - $48,000

$6,627

$48,001 - $75,000

$4,513

$75,001 - $110,000

$2,754

Over $110,000

$1,626

Student Loans for Elizabethtown Community and Technical College (ECTC)

Average Loan Amount Average Loan Amount received per year.

$3,885/Year

Students Taking Out Loans

20%

Loan Default Rate

18.9%

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