$4,503

Avg. Federal Grant

$8,325

Avg. Federal Loan

$2,504,544

Total Aid Awarded

South Texas Vocational Technical Institute Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

83%

Total Aid Amount Average Total Aid Awarded per year.

$2.505M

Financial Aid Official Website

www.stvt.edu/financial-aid/

As many as 82% of the students at STVTIW get some sort of financial aid, and the total amount of assistance/loans provided is more than $4,039,103 in a year. Notably, a total of 82% of the applicants to South Texas Vocational Technical Institute-Weslaco receive the Federal Grant every year. In comparison, 82% of the students get the Student Grant, and 82% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,683. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 78% of the applicants to South Texas Vocational Technical Institute-Weslaco opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

87%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

87%

Average Aid Awarded

Federal Grant Aid

$4,503

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$4,398

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,396

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for South Texas Vocational Technical Institute

Average Loan Amount Average Loan Amount received per year.

$8,478/Year

Students Taking Out Loans

73%

Loan Default Rate

25.4%

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#N/A

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