$5,921

Avg. Federal Grant

N/A

Avg. Federal Loan

$6,775,768

Total Aid Awarded

Oconee Fall Line Technical College (OFTC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

90%

Total Aid Amount Average Total Aid Awarded per year.

$6.776M

Financial Aid Official Website

www.oftc.edu

Among them are scholarship programs such as Constance L. Lloyd/ACMPE Scholarship, Georgia Public Safety Memorial Grant, HERO Scholarship Program (Helping Educate Reservists and their Offspring), and HOPE & PROMISE Teacher Scholarship Loans. It is interesting to note that, every year, around 90% of students at OFLTC receive some kind of financial aid. For additional information about financial assistance schemes, one can head over to OFLTC’s financial aid page at http://www.oftc.edu. At OFLTC, the total percentage of applicants who receive the Federal Grant stands at 75%. Meanwhile, 90% of the applicants receive the Student Grant, while 75% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,675. 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. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

78%

State Grant Aid

94%

Institution Grant Aid

N/A

Pell Grant

78%

Average Aid Awarded

Federal Grant Aid

$5,921

State Grant Aid

$2,875

Institution Grant Aid

N/A

Pell Grant

$5,771

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,899

$30,001 - $48,000

$8,866

$48,001 - $75,000

$5,212

$75,001 - $110,000

$10,560

Over $110,000

N/A

Student Loans for Oconee Fall Line Technical College (OFTC)

Average Loan Amount Average Loan Amount received per year.

$1,695/Year

Students Taking Out Loans

2%

Loan Default Rate

24.6%

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