OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Los Angeles Trade Technical College (LATTC) Financial Aid and Scholarships 2022

Online Education at LATTC

College provides an option for the students to take classes in a setting other than the traditional face-to-face classroom.

All course resources and class activities can be accessed online 24/7 to meet your needs while you are at home, or you are on your office trip.
The college also provides various online programs across multiple domains. LATTC majors include Design and Media

$4,775

Avg. Federal Grant

$6,133

Avg. Federal Loan

$24,212,865

Total Aid Awarded

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Los Angeles Trade Technical College (LATTC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

61%

Total Aid Amount Average Total Aid Awarded per year.

$24.213M

Financial Aid Official Website

college.lattc.edu/financialaid/

The technical college ensures that their students get the sufficient amount of funds needed to attain the degree. They also assist you throughout the process and promise to solve all your queries related to the financial aid application process and criteria. Check out LATTC Financial Aid for more information.

Scholarships

The Women in Auto Care scholarships, Inter Motor Leader Scholarship, Blue Streak Scholarship and the Bigger Better Diesel Scholarships offer an amount of $5,000 to the eligible students. These are the institutional scholarships. You may also apply for general scholarships like the Automotive Hall of Fame Scholarship amount ranges between $500 to $2,000.

In addition to the above, you may also apply for other scholarships and for that you may refer to this link.

Grants

Federal PELL Grants are offered on the basis of financial need. The amount will not be the same for all students as it will depend on the EFC (Expected Family Contribution) and the cost of attendance of the student. The FSEOG Grant is also a need-based grant provided by the federal government. It is provided on a first-come-first serve basis and hence keeping note of the deadline and application dates are a must. The Federal Work-Study Program provides a platform for the students where they can try to recover their expenses by on-campus or off-campus jobs. California State Grants and the California College Promise Grants are few state grants that might be of some financial assistance as well.

Loans

The Federal Direct Loans come at a low and affordable interest rate and are provided by the federal government. Repayment of these loans are compulsory after the completion of the course. LATTC also gives you an opportunity to apply for the Perkins Loans for which the interest rate remains fixed at 5%.

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Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

50%

State Grant Aid

75%

Institution Grant Aid

N/A

Pell Grant

50%

Average Aid Awarded

Federal Grant Aid

$4,775

State Grant Aid

$1,754

Institution Grant Aid

N/A

Pell Grant

$4,689

The average amount of Federal Loan that you can apply for sums up to an amount of $6,133. The total aid generally received by the students is $24,212,865. Almost 61% of students apply for such loans.

The federal and Pell grant percentage is about 50% and is an amount of $4,775 and $4,689 respectively. The state aid grant provided turns out to be around $1,754 which is received by almost 75% of the students.

When we talk about student loans, the average amount of student loans provided to the LATTC students amounts to $6,133 and around 2% students choose to avail students’ loans. The loan default rate is at 21.9%.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,924

$30,001 - $48,000

$7,777

$48,001 - $75,000

$4,483

$75,001 - $110,000

N/A

Over $110,000

N/A

To ease you out a bit with regards to the LATTC financial aid, we also present the financial aid amount to you on the basis of your family income range. You might find the data provided below to be helpful.

If your family income range falls somewhere under $30,000 you can access financial aid up to a value of $6,924. In case your income is between the range of $30,001 and $48,000 the amount up to which you may get financial aid is approximately $7,777.

For a family income bracket of $48,001 to $75,000 you can get an aid of $4,483. Hence, it can be concluded that the further your family income goes up, the lower amount of financial assistance you are going to receive.

Student Loans for Los Angeles Trade Technical College (LATTC)

Average Loan Amount Average Loan Amount received per year.

$6,133/Year

Students Taking Out Loans

Loan Default Rate

21.9%

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