$4,566

Avg. Federal Grant

$4,102

Avg. Federal Loan

$4,480,846

Total Aid Awarded

Moraine Park Technical College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

25%

Total Aid Amount Average Total Aid Awarded per year.

$4.481M

Financial Aid Official Website

www.morainepark.edu/financial-aid/

As many as 69% of the students at MPTC get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,045,928 in a year. More information regarding the financial assistance schemes can be accessed on MPTC’s official financial aid page at http://www.morainepark.edu/financial-aid/. Notably, a total of 40% of the applicants to Moraine Park Technical College receive the Federal Grant every year. Meanwhile, 53% of the applicants receive the Student Grant and 15% are awarded the Institution Grant, while 40% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,463, the State Grant receivers and Institution Grant beneficiaries get $1,104 and $915, respectively. On the other hand, the average aid received by the Pell Grant awardees is $3,241. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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. Every year, around 35% of the applicants to Moraine Park Technical College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

31%

State Grant Aid

33%

Institution Grant Aid

15%

Pell Grant

31%

Average Aid Awarded

Federal Grant Aid

$4,566

State Grant Aid

$1,223

Institution Grant Aid

$958

Pell Grant

$4,543

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,193

$30,001 - $48,000

$6,099

$48,001 - $75,000

$3,101

$75,001 - $110,000

$522

Over $110,000

$450

Student Loans for Moraine Park Technical College

Average Loan Amount Average Loan Amount received per year.

$4,161/Year

Students Taking Out Loans

30%

Loan Default Rate

9.9%

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