Orleans Technical College Financial Aid and Scholarships
Students Receiving Aid
77%
Total Aid Amount
$2.728M
Financial Aid Official Website
https://www.orleanstech.edu/current-students/paying-for-school
Such schemes include Joseph P. Gavenonis Scholarship and Technology Scholarship. Notably, 98% of the students at Orleans Technical College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,419,666. At OTC, the total percentage of applicants who receive the Federal Grant stands at 88%. On the other hand, 94% of the candidates get the Student Grant, while 49% receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,342. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 52% of the applicants to Orleans Technical College opt for student loans.
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