$5,802

Avg. Federal Grant

N/A

Avg. Federal Loan

$3,041,750

Total Aid Awarded

Drake State Community and Technical College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

81%

Total Aid Amount Average Total Aid Awarded per year.

$3.042M

Financial Aid Official Website

www.drakestate.edu/admissions/financial_aid.aspx

Notably, around 84% of the students at J. F. Drake State Community and Technical College receive some kind of financial aid every year, official data shows. For additional information about financial assistance schemes, one can head over to JFDSCTC’s financial aid page at http://www.drakestate.edu/admissions/financial_aid.aspx. The total percentage of candidates applying to J. F. Drake State Community and Technical College who receive the Federal Grant is 82%. In comparison, 84% of the students are awarded the Student Grant, 11% get the Institution Grant, and 78% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $8,463, and the same stands at $305 for State Grant awardees and $2,038 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $8,307. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

88%

State Grant Aid

8%

Institution Grant Aid

17%

Pell Grant

88%

Average Aid Awarded

Federal Grant Aid

$5,802

State Grant Aid

$1,759

Institution Grant Aid

$2,933

Pell Grant

$5,757

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,412

$30,001 - $48,000

$5,884

$48,001 - $75,000

$3,170

$75,001 - $110,000

N/A

Over $110,000

N/A

Other Colleges In Alabama

Samford University
Samford University

Birmingham, Alabama

Auburn University (AU)
Auburn University (AU)

Auburn, Alabama

Other Colleges In Huntsville