$4,775

Avg. Federal Grant

$4,523

Avg. Federal Loan

$19,780,480

Total Aid Awarded

Gwinnett Technical College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

68%

Total Aid Amount Average Total Aid Awarded per year.

$19.780M

Financial Aid Official Website

https://www.gwinnetttech.edu/enrollment/financial-aid/

It is interesting to note that, every year, around 78% of students at GTC receive some kind of financial aid, while the total amount of assistance/loans provided is $13,713,235. More information regarding the financial assistance schemes can be accessed on GTC’s official financial aid page at https://www.gwinnetttech.edu/enrollment/financial-aid/. The total percentage of candidates applying to Gwinnett Technical College who receive the Federal Grant is 57%. Meanwhile, 72% of the applicants receive the Student Grant, while 56% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,717. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Gwinnett Technical College, the percentage of candidates who opt to avail of student loans is around 24%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

54%

State Grant Aid

47%

Institution Grant Aid

N/A

Pell Grant

54%

Average Aid Awarded

Federal Grant Aid

$4,775

State Grant Aid

$2,067

Institution Grant Aid

N/A

Pell Grant

$4,632

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,000

$30,001 - $48,000

$5,619

$48,001 - $75,000

$3,571

$75,001 - $110,000

$1,980

Over $110,000

$1,468

Student Loans for Gwinnett Technical College

Average Loan Amount Average Loan Amount received per year.

$4,523/Year

Students Taking Out Loans

30%

Loan Default Rate

10.9%

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