Southwest Wisconsin Technical College Financial Aid and Scholarships
Students Receiving Aid
33%
Total Aid Amount
$3.367M
Financial Aid Official Website
https://www.swtc.edu/admissions/paying-for-college/financial-aid
It is interesting to note that, every year, around 78% of students at SWTC receive some kind of financial aid, while the total amount of assistance/loans provided is $2,352,329. One can visit SWTC's financial aid page at https://www.swtc.edu/admissions/paying-for-college/financial-aid for more information. Notably, a total of 47% of the applicants to Southwest Wisconsin Technical College receive the Federal Grant every year. In comparison, 66% of the students are awarded the Student Grant, 33% get the Institution Grant, and 47% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,357, the State Grant receivers and Institution Grant beneficiaries get $1,151 and $731, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,854. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Southwest Wisconsin Technical College, the percentage of candidates who opt to avail of student loans is around 40%.
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