$7,075

Avg. Federal Grant

N/A

Avg. Federal Loan

$2,598,781

Total Aid Awarded

Marion Technical College (FL) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

69%

Total Aid Amount Average Total Aid Awarded per year.

$2.599M

Financial Aid Official Website

www.MarionTC.edu

It is interesting to note that, every year, around 88% of students at MTC receive some kind of financial aid. Notably, a total of 50% of the applicants to Marion Technical College receive the Federal Grant every year. In comparison, 85% of the students are awarded the Student Grant, 31% get the Institution Grant, and 48% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $6,450, and the same stands at $1,256 for State Grant awardees and $1,354 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,048. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. 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

38%

State Grant Aid

53%

Institution Grant Aid

27%

Pell Grant

38%

Average Aid Awarded

Federal Grant Aid

$7,075

State Grant Aid

$1,032

Institution Grant Aid

$1,241

Pell Grant

$7,002

Other Colleges In Florida

Florida Southern College
Florida Southern College

Lakeland, Florida

Florida State University (FSU)
Florida State University (FSU)

Tallahassee, Florida

Broward College
Broward College

Fort Lauderdale, Florida

Other Colleges In Ocala