$4,158

Avg. Federal Grant

$5,740

Avg. Federal Loan

$1,998,660

Total Aid Awarded

Pine Technical & Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

28%

Total Aid Amount Average Total Aid Awarded per year.

$1.999M

Financial Aid Official Website

www.pine.edu/financial-aid/

Notably, 84% of the students at Pine Technical & Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,011,944. For additional information about financial assistance schemes, one can head over to PTCC’s financial aid page at http://www.pine.edu/financial-aid/. Notably, a total of 42% of the applicants to Pine Technical & Community College receive the Federal Grant every year. On the other hand, 60% of the candidates get the Student Grant, while 42% receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,543. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At PTCC, an estimated number of 25% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

51%

State Grant Aid

42%

Institution Grant Aid

N/A

Pell Grant

51%

Average Aid Awarded

Federal Grant Aid

$4,158

State Grant Aid

$891

Institution Grant Aid

N/A

Pell Grant

$4,102

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,978

$30,001 - $48,000

$4,910

$48,001 - $75,000

$1,438

$75,001 - $110,000

$95

Over $110,000

N/A

Student Loans for Pine Technical & Community College

Average Loan Amount Average Loan Amount received per year.

$5,819/Year

Students Taking Out Loans

46%

Loan Default Rate

14.8%

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