$2,933

Avg. Federal Grant

$5,307

Avg. Federal Loan

$401,580

Total Aid Awarded

Technical College of the Rockies Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

19%

Total Aid Amount Average Total Aid Awarded per year.

$401.580K

Financial Aid Official Website

www.dmtc.edu

It is interesting to note that, every year, around 46% of students at TCR receive some kind of financial aid, while the total amount of assistance/loans provided is $412,854. One can visit TCR's financial aid page at http://www.dmtc.edu for more information. The total percentage of candidates applying to Technical College of the Rockies who receive the Federal Grant is 44%. On the other hand, 44% of the candidates get the Student Grant, 2% receive the Institution Grant, and 44% get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $3,781. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At Technical College of the Rockies, the percentage of candidates who opt to avail of student loans is around 32%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

78%

State Grant Aid

44%

Institution Grant Aid

2%

Pell Grant

78%

Average Aid Awarded

Federal Grant Aid

$2,933

State Grant Aid

$1,578

Institution Grant Aid

$2,000

Pell Grant

$2,904

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,970

$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 Technical College of the Rockies

Average Loan Amount Average Loan Amount received per year.

$5,307/Year

Students Taking Out Loans

38%

Loan Default Rate

13%

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