$4,884

Avg. Federal Grant

$4,795

Avg. Federal Loan

$9,713,322

Total Aid Awarded

Fox Valley Technical College (FVTC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

22%

Total Aid Amount Average Total Aid Awarded per year.

$9.713M

Financial Aid Official Website

https://www.fvtc.edu/paying-for-college/financial-aid

Notably, 69% of the students at Fox Valley Technical College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $7,933,143. One can visit FVTC's financial aid page at https://www.fvtc.edu/paying-for-college/financial-aid for more information. At FVTC, the total percentage of applicants who receive the Federal Grant stands at 35%. Meanwhile, 50% of the applicants receive the Student Grant and 20% are awarded the Institution Grant, while 35% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,762, and the same stands at $1,111 for State Grant awardees and $948 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,464. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At Fox Valley Technical College, the percentage of candidates who opt to avail of student loans is around 38%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

36%

State Grant Aid

35%

Institution Grant Aid

18%

Pell Grant

36%

Average Aid Awarded

Federal Grant Aid

$4,884

State Grant Aid

$1,109

Institution Grant Aid

$1,206

Pell Grant

$4,736

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,312

$30,001 - $48,000

$6,168

$48,001 - $75,000

$2,080

$75,001 - $110,000

$474

Over $110,000

$172

Student Loans for Fox Valley Technical College (FVTC)

Average Loan Amount Average Loan Amount received per year.

$5,521/Year

Students Taking Out Loans

44%

Loan Default Rate

13.5%

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