Pittsburgh Technical College Financial Aid and Scholarships
Students Receiving Aid
91%
Total Aid Amount
$13.505M
Financial Aid Official Website
https://ptcollege.edu/financial-aid/grants-and-scholarships/
Such schemes include Joseph P. Gavenonis Scholarship and Technology Scholarship. Notably, 97% of the students at Pittsburgh Technical College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $10,281,093. For additional information about financial assistance schemes, one can head over to PTC’s financial aid page at https://www.ptcollege.edu/admissions-financial-aid/financial-aid. The total percentage of candidates applying to Pittsburgh Technical College who receive the Federal Grant is 68%. Meanwhile, 93% of the applicants receive the Student Grant and 83% are awarded the Institution Grant, while 68% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,467, while the same comes to $3,427 for State Grant receivers and $3,135 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,751. 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. Those with a family income below $30,000 per annum, would get an average federal aid of $6,652 in a year. The average aid amount stands at $7,348 for an annual family income between $30,001 and $48,000. This amount comes to $5,939 for those who fall under the $48,001-$75,000 family income bracket. On the other hand, the average federal aid stands at $3,228 for those with an annual family income between $75,001 and $110,000, and at $816 for an income more than $110,000. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Pittsburgh Technical College, the percentage of candidates who opt to avail of student loans is around 83%.
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