$4,847

Avg. Federal Grant

$5,627

Avg. Federal Loan

$12,344,768

Total Aid Awarded

Gateway Technical College (GTC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

31%

Total Aid Amount Average Total Aid Awarded per year.

$12.345M

Financial Aid Official Website

https://www.gtc.edu/student-services/financial-aid

Notably, 74% of the students at Gateway Technical College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $18,024,807. One can visit GTC's financial aid page at https://www.gtc.edu/student-services/financial-aid for more information. Notably, a total of 57% of the applicants to Gateway Technical College receive the Federal Grant every year. On the other hand, 62% of the candidates get the Student Grant, 10% receive the Institution Grant, and 57% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,848, while the same comes to $998 for State Grant receivers and $1,399 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,558. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At Gateway Technical College, the percentage of candidates who opt to avail of student loans is around 67%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

58%

State Grant Aid

51%

Institution Grant Aid

12%

Pell Grant

57%

Average Aid Awarded

Federal Grant Aid

$4,847

State Grant Aid

$1,002

Institution Grant Aid

$1,411

Pell Grant

$4,747

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,263

$30,001 - $48,000

$5,173

$48,001 - $75,000

$3,012

$75,001 - $110,000

$384

Over $110,000

N/A

Student Loans for Gateway Technical College (GTC)

Average Loan Amount Average Loan Amount received per year.

$5,627/Year

Students Taking Out Loans

37%

Loan Default Rate

23.5%

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Some of the reviews are

  • The campus is beautiful with less polluted areas. Everyone on the campus is welcoming and kind. There are no much activities on the campus which is great for those who want to study.

  • There is a variety of cla

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