$4,500

Avg. Federal Grant

$4,465

Avg. Federal Loan

$9,855,170

Total Aid Awarded

John Tyler Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

32%

Total Aid Amount Average Total Aid Awarded per year.

$9.855M

Financial Aid Official Website

https://jtcc.edu/pay-for-tyler/financial-aid/

Such schemes include Virginia Military Survivors and Dependents Education Program. Notably, 61% of the students at John Tyler Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,061,033. At JTCC, the total percentage of applicants who receive the Federal Grant stands at 43%. In comparison, 52% of the students are awarded the Student Grant, 6% get the Institution Grant, and 42% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,540, and the same stands at $965 for State Grant awardees and $2,207 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,259. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At JTCC, an estimated number of 14% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

42%

State Grant Aid

28%

Institution Grant Aid

4%

Pell Grant

42%

Average Aid Awarded

Federal Grant Aid

$4,500

State Grant Aid

$1,322

Institution Grant Aid

$1,995

Pell Grant

$4,382

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,734

$30,001 - $48,000

$4,882

$48,001 - $75,000

$3,268

$75,001 - $110,000

$326

Over $110,000

N/A

Student Loans for John Tyler Community College

Average Loan Amount Average Loan Amount received per year.

$4,570/Year

Students Taking Out Loans

13%

Loan Default Rate

12.5%

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