$5,407

Avg. Federal Grant

N/A

Avg. Federal Loan

$8,116,730

Total Aid Awarded

Southeastern Technical College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

92%

Total Aid Amount Average Total Aid Awarded per year.

$8.117M

Financial Aid Official Website

www.southeasterntech.edu/student-affairs/financial-aid.php

As many as 97% of the students at STC receive some kind of financial aid, shows the latest data. For additional information about financial assistance schemes, one can head over to STC’s financial aid page at http://www.southeasterntech.edu/student-affairs/financial-aid.php. Notably, a total of 79% of the applicants to Southeastern Technical College receive the Federal Grant every year. On the other hand, 97% of the candidates get the Student Grant, while 79% receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,405. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

75%

State Grant Aid

95%

Institution Grant Aid

N/A

Pell Grant

75%

Average Aid Awarded

Federal Grant Aid

$5,407

State Grant Aid

$2,416

Institution Grant Aid

N/A

Pell Grant

$5,407

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,157

$30,001 - $48,000

$7,660

$48,001 - $75,000

$4,705

$75,001 - $110,000

$3,157

Over $110,000

N/A

Student Loans for Southeastern Technical College

Average Loan Amount Average Loan Amount received per year.

$5,150/Year

Students Taking Out Loans

3%

Loan Default Rate

13.5%

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