$3,120

Avg. Federal Grant

N/A

Avg. Federal Loan

$724,000

Total Aid Awarded

Ridge Technical College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

52%

Total Aid Amount Average Total Aid Awarded per year.

$724.000K

Financial Aid Official Website

www.ridge.edu/

As many as 87% of the students at RTC receive some kind of financial aid, shows the latest data. For additional information about financial assistance schemes, one can head over to RTC’s financial aid page at http://www.ridge.edu/. The total percentage of candidates applying to Ridge Technical College who receive the Federal Grant is 87%. Meanwhile, 87% of the applicants receive the Student Grant and 11% are awarded the Institution Grant, while 87% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $3,621, while the same comes to $667 for State Grant receivers and $580 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $3,621. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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

80%

State Grant Aid

35%

Institution Grant Aid

16%

Pell Grant

80%

Average Aid Awarded

Federal Grant Aid

$3,120

State Grant Aid

$569

Institution Grant Aid

$667

Pell Grant

$3,120

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$3,120

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

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