$4,285

Avg. Federal Grant

N/A

Avg. Federal Loan

$1,373,567

Total Aid Awarded

Reid State Technical College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

94%

Total Aid Amount Average Total Aid Awarded per year.

$1.374M

Financial Aid Official Website

www.rstc.edu

Notably, around 99% of the students at Reid State Technical College receive some kind of financial aid every year, official data shows. For additional information about financial assistance schemes, one can head over to RSTC’s financial aid page at http://www.rstc.edu. At RSTC, the total percentage of applicants who receive the Federal Grant stands at 84%. On the other hand, 97% of the candidates get the Student Grant, 65% receive the Institution Grant, and 82% get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,771. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

71%

State Grant Aid

2%

Institution Grant Aid

71%

Pell Grant

71%

Average Aid Awarded

Federal Grant Aid

$4,285

State Grant Aid

$3,816

Institution Grant Aid

$2,868

Pell Grant

$4,196

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,593

$30,001 - $48,000

$7,937

$48,001 - $75,000

$6,754

$75,001 - $110,000

N/A

Over $110,000

N/A