ITI Technical College Financial Aid and Scholarships
Students Receiving Aid
62%
Total Aid Amount
$1.616M
Financial Aid Official Website
https://www.iticollege.edu/financial-aid/
It is interesting to note that, every year, around 94% of students at ITC receive some kind of financial aid, while the total amount of assistance/loans provided is $3,620,050. The total percentage of candidates applying to ITI Technical College who receive the Federal Grant is 66%. Meanwhile, 71% of the applicants receive the Student Grant, while 66% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,774. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At ITC, an estimated number of 88% of the applicants choose to go for student loans.