Financial Aid Official Website
https://www.mcdowelltech.edu/apps/pages/index.jsp?uREC_ID=1022348&type=d&pREC_ID=1328345
As many as 81% of the students at MTCC receive some kind of financial aid, shows the latest data. For additional information about financial assistance schemes, one can head over to MTCC’s financial aid page at https://www.mcdowelltech.edu/apps/pages/index.jsp?uREC_ID=1022348&type=d&pREC_ID=1328345. Notably, a total of 73% of the applicants to McDowell Technical Community College receive the Federal Grant every year. Meanwhile, 80% of the applicants receive the Student Grant and 2% are awarded the Institution Grant, while 73% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,956. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe.