Southern West Virginia Community and Technical College Financial Aid and Scholarships
Students Receiving Aid
78%
Total Aid Amount
$7.117M
Financial Aid Official Website
www.southernwv.edu/?q=financial-assistance
Notably, 95% of the students at Southern West Virginia Community and Technical College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,826,776. At SWVCTC, the total percentage of applicants who receive the Federal Grant stands at 82%. In comparison, 90% of the students are awarded the Student Grant, 7% get the Institution Grant, and 82% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,012, while the same comes to $2,492 for State Grant receivers and $3,026 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,494. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Southern West Virginia Community and Technical College, the percentage of candidates who opt to avail of student loans is around 18%.
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