$4,987

Avg. Federal Grant

$4,517

Avg. Federal Loan

$10,729,645

Total Aid Awarded

Southeast Kentucky Community and Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

92%

Total Aid Amount Average Total Aid Awarded per year.

$10.730M

Financial Aid Official Website

https://southeast.kctcs.edu/affording-college/index.aspx

Notably, 99% of the students at Southeast Kentucky Community and Technical College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,313,841. Notably, a total of 80% of the applicants to Southeast Kentucky Community and Technical College receive the Federal Grant every year. On the other hand, 99% of the candidates get the Student Grant, 19% receive the Institution Grant, and 80% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,832, and the same stands at $2,228 for State Grant awardees and $2,235 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,389. 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. At Southeast Kentucky Community and Technical College, the percentage of candidates who opt to avail of student loans is around 12%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

83%

State Grant Aid

76%

Institution Grant Aid

16%

Pell Grant

83%

Average Aid Awarded

Federal Grant Aid

$4,987

State Grant Aid

$1,979

Institution Grant Aid

$1,743

Pell Grant

$4,958

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,848

$30,001 - $48,000

$7,056

$48,001 - $75,000

$4,696

$75,001 - $110,000

$1,617

Over $110,000

N/A

Student Loans for Southeast Kentucky Community and

Average Loan Amount Average Loan Amount received per year.

$4,517/Year

Students Taking Out Loans

24%

Loan Default Rate

28.6%

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