$4,651

Avg. Federal Grant

$4,525

Avg. Federal Loan

$29,702,180

Total Aid Awarded

Jefferson Community And Technical College (JCTC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

77%

Total Aid Amount Average Total Aid Awarded per year.

$29.702M

Financial Aid Official Website

https://jefferson.kctcs.edu/affording-college/financial-aid-information/index.aspx

Notably, 92% of the students at Jefferson Community and Technical College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $11,898,934. One can visit JCTC's financial aid page at https://jefferson.kctcs.edu/affording-college/financial-aid-information/index.aspx for more information. At JCTC, the total percentage of applicants who receive the Federal Grant stands at 56%. On the other hand, 89% of the candidates get the Student Grant, 4% receive the Institution Grant, and 56% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,684, and the same stands at $1,917 for State Grant awardees and $3,818 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,461. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At JCTC, an estimated number of 22% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

55%

State Grant Aid

79%

Institution Grant Aid

5%

Pell Grant

55%

Average Aid Awarded

Federal Grant Aid

$4,651

State Grant Aid

$1,753

Institution Grant Aid

$3,589

Pell Grant

$4,569

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,775

$30,001 - $48,000

$6,674

$48,001 - $75,000

$4,126

$75,001 - $110,000

$1,418

Over $110,000

$1,374

Student Loans for Jefferson Community And Technical College (JCTC)

Average Loan Amount Average Loan Amount received per year.

$4,525/Year

Students Taking Out Loans

21%

Loan Default Rate

18%

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