Los Angeles ORT College Financial Aid and Scholarships
Students Receiving Aid
80%
Total Aid Amount
$2.511M
Financial Aid Official Website
N/A
It is interesting to note that, every year, around 99% of students at LAOCLAC receive some kind of financial aid, while the total amount of assistance/loans provided is $392,557. The total percentage of candidates applying to Los Angeles ORT College-Los Angeles Campus who receive the Federal Grant is 81%. Meanwhile, 99% of the applicants receive the Student Grant and 83% are awarded the Institution Grant, while 81% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,863, while the same comes to $2,869 for State Grant receivers and $265 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,940. 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. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $5,498 per year. The average aid amount stands at $5,256 for an annual family income between $30,001 and $48,000. This amount comes to $3,811 for those who fall under the $48,001-$75,000 family income bracket. 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. Candidates are also required to repay these loans within a given period. At Los Angeles ORT College-Los Angeles Campus, the percentage of candidates who opt to avail of student loans is around 31%.
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