Fox Valley Technical College (FVTC) Financial Aid and Scholarships
Students Receiving Aid
22%
Total Aid Amount
$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%.