$6,401

Avg. Federal Grant

$3,536

Avg. Federal Loan

$24,197,748

Total Aid Awarded

Georgia Northwestern Technical College (GNTC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

88%

Total Aid Amount Average Total Aid Awarded per year.

$24.198M

Financial Aid Official Website

www.gntc.edu/admissions/financial-aid/

Such schemes include Constance L. Lloyd/ACMPE Scholarship, Georgia Public Safety Memorial Grant, HERO Scholarship Program (Helping Educate Reservists and their Offspring), and HOPE & PROMISE Teacher Scholarship Loans. As many as 92% of the students at GNTC get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,531,402 in a year. At GNTC, the total percentage of applicants who receive the Federal Grant stands at 68%. In comparison, 87% of the students get the Student Grant, and 68% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,734. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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 GNTC, an estimated number of 8% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

75%

State Grant Aid

64%

Institution Grant Aid

N/A

Pell Grant

75%

Average Aid Awarded

Federal Grant Aid

$6,401

State Grant Aid

$2,475

Institution Grant Aid

N/A

Pell Grant

$6,361

The average amount of Federal Loan that you can apply for sums up to an amount of $3,536. The total aid generally received by the students is $24,197,748. Almost 88% of students apply for such loans.

The federal and Pell grant percentage is about 75% and is an amount of $6,401 and $6,361 respectively. The state aid grant provided turns out to be around $2,475 which is received by almost 64% of the students.

When we talk about student loans, the average amount of student loans provided to the GNTC students amounts to $3,387 and around 6% students choose to avail students’ loans. The loan default rate is at 17.8%.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,370

$30,001 - $48,000

$8,135

$48,001 - $75,000

$5,896

$75,001 - $110,000

$3,244

Over $110,000

$1,050

To simplify the data regarding the university’s financial aid, we present the financial aid amounts to you on the basis of your family income range. You might find the data provided below to be helpful.

If your family income range falls somewhere under $30,000 you can access financial aid up to a value of $8,370. In case your income is between the range of $30,001 and $48,000 the amount up to which you may get financial aid is approximately $8,135. For a family income bracket of $48,001 to $75,000 you can get an aid of $5,896.

If your income lies between $75,001 and $110,000 your financial aid goes down as much as $3,244. Similarly, the further your family income goes up, the lower amount of financial assistance you are going to receive. Any income ranging on and above $110,000 will fetch you a rather small amount of financial aid of about $1,050 only. 

Student Loans for Georgia Northwestern Technical College (GNTC)

Average Loan Amount Average Loan Amount received per year.

$3,387/Year

Students Taking Out Loans

6%

Loan Default Rate

17.8%

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