$2,191

Avg. Federal Grant

N/A

Avg. Federal Loan

$3,484,408

Total Aid Awarded

Manatee Technical College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

92%

Total Aid Amount Average Total Aid Awarded per year.

$3.484M

Financial Aid Official Website

manateetech.edu/future-students/financial-aid-2/

As many as 94% of the students at MTC receive some kind of financial aid, shows the latest data. One can visit MTC's financial aid page at http://manateetech.edu/future-students/financial-aid-2/ for more information. The total percentage of candidates applying to Manatee Technical College who receive the Federal Grant is 62%. On the other hand, 90% of the candidates get the Student Grant, 13% receive the Institution Grant, and 50% get the Pell Grant. While the Federal Grant awardees receive an average aid of $2,999, the State Grant receivers and Institution Grant beneficiaries get $1,178 and $375, respectively. And, for the Pell Grant awardees, the average aid amount is $3,769. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

73%

State Grant Aid

22%

Institution Grant Aid

17%

Pell Grant

42%

Average Aid Awarded

Federal Grant Aid

$2,191

State Grant Aid

$1,314

Institution Grant Aid

$438

Pell Grant

$3,327

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,942

$30,001 - $48,000

$5,039

$48,001 - $75,000

$3,153

$75,001 - $110,000

$1,095

Over $110,000

N/A

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