$2,871

Avg. Federal Grant

N/A

Avg. Federal Loan

$1,450,941

Total Aid Awarded

Mountainland Technical College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

22%

Total Aid Amount Average Total Aid Awarded per year.

$1.451M

Financial Aid Official Website

https://mtec.edu/financial-aid/

Notably, around 24% of the students at Mountainland Technical College receive some kind of financial aid every year, official data shows. One can visit MTC's financial aid page at https://mtec.edu/financial-aid/ for more information. Notably, a total of 13% of the applicants to Mountainland Technical College receive the Federal Grant every year. In comparison, 21% of the students are awarded the Student Grant, 2% get the Institution Grant, and 11% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $3,139, the State Grant receivers and Institution Grant beneficiaries get $1,892 and $1,846, respectively. And, for the Pell Grant awardees, the average aid amount is $2,979. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At Mountainland Technical College, the percentage of candidates who opt to avail of student loans is around 2%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

15%

State Grant Aid

4%

Institution Grant Aid

1%

Pell Grant

12%

Average Aid Awarded

Federal Grant Aid

$2,871

State Grant Aid

$2,519

Institution Grant Aid

$1,307

Pell Grant

$3,564

Student Loans for Mountainland Technical College

Average Loan Amount Average Loan Amount received per year.

$5,131/Year

Students Taking Out Loans

2%

Loan Default Rate

N/A