$4,552

Avg. Federal Grant

$6,476

Avg. Federal Loan

$2,728,423

Total Aid Awarded

Orleans Technical College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

77%

Total Aid Amount Average Total Aid Awarded per year.

$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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

85%

State Grant Aid

61%

Institution Grant Aid

N/A

Pell Grant

59%

Average Aid Awarded

Federal Grant Aid

$4,552

State Grant Aid

$3,908

Institution Grant Aid

N/A

Pell Grant

$3,790

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,932

$30,001 - $48,000

$6,254

$48,001 - $75,000

$7,284

$75,001 - $110,000

$3,239

Over $110,000

N/A

Student Loans for Orleans Technical College

Average Loan Amount Average Loan Amount received per year.

$6,548/Year

Students Taking Out Loans

63%

Loan Default Rate

10.2%

Other Colleges In Pennsylvania

Carnegie Mellon University
Carnegie Mellon University

Pittsburgh, Pennsylvania

Messiah College
Messiah College

Mechanicsburg, Pennsylvania

Dickinson College
Dickinson College

Carlisle, Pennsylvania

Other Colleges In Philadelphia

Peirce College
Peirce College

Philadelphia, Pennsylvania

Prism Career Institute
Prism Career Institute

Philadelphia, Pennsylvania