$6,535

Avg. Federal Grant

N/A

Avg. Federal Loan

$7,821,264

Total Aid Awarded

Ogeechee Technical College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

83%

Total Aid Amount Average Total Aid Awarded per year.

$7.821M

Financial Aid Official Website

www.ogeecheetech.edu/financial-aid

It is interesting to note that, every year, around 91% of students at OTC receive some kind of financial aid. More information regarding the financial assistance schemes can be accessed on OTC’s official financial aid page at http://www.ogeecheetech.edu/financial-aid. At OTC, the total percentage of applicants who receive the Federal Grant stands at 70%. On the other hand, 88% of the candidates get the Student Grant, while 70% receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $7,128. 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. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 4% of the applicants to Ogeechee Technical College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

70%

State Grant Aid

73%

Institution Grant Aid

N/A

Pell Grant

70%

Average Aid Awarded

Federal Grant Aid

$6,535

State Grant Aid

$2,033

Institution Grant Aid

N/A

Pell Grant

$6,457

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,494

$30,001 - $48,000

$7,626

$48,001 - $75,000

$6,841

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Ogeechee Technical College

Average Loan Amount Average Loan Amount received per year.

$4,081/Year

Students Taking Out Loans

6%

Loan Default Rate

15.8%

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