Lakeshore Technical College (LTC) Financial Aid and Scholarships
Students Receiving Aid
33%
Total Aid Amount
$3.883M
Financial Aid Official Website
gotoltc.edu/financial-aid/index.html
Notably, 72% of the students at Lakeshore Technical College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,281,977. Notably, a total of 52% of the applicants to Lakeshore Technical College receive the Federal Grant every year. Meanwhile, 66% of the applicants receive the Student Grant and 21% are awarded the Institution Grant, while 52% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,263, and the same stands at $915 for State Grant awardees and $1,809 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,478. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund 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 LTC, an estimated number of 39% of the applicants choose to go for student loans.
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