$2,932

Avg. Federal Grant

N/A

Avg. Federal Loan

$4,380,930

Total Aid Awarded

Tennessee College of Applied Technology (TCAT) Knoxville Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

46%

Total Aid Amount Average Total Aid Awarded per year.

$4.381M

Financial Aid Official Website

https://tcatknoxville.edu/future-students/financial-aid

Among them are scholarship programs such as Chapter 105 - Memphis - Les Segar Memorial Scholarship, Dr. Richard Forrest & Ella Dudney Kelsey Memorial Scholarship, Tennessee HOPE Scholarship, and Tennessee Student Assistance Award. Notably, around 83% of the students at Tennessee College of Applied Technology-Knoxville receive some kind of financial aid every year, official data shows. The total percentage of candidates applying to Tennessee College of Applied Technology-Knoxville who receive the Federal Grant is 50%. Meanwhile, 83% of the applicants receive the Student Grant, while 49% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $2,934. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

61%

State Grant Aid

93%

Institution Grant Aid

4%

Pell Grant

61%

Average Aid Awarded

Federal Grant Aid

$2,932

State Grant Aid

$2,396

Institution Grant Aid

$894

Pell Grant

$2,888

The total fund amount directed by TCAT Knoxville towards financial aid is a sum of $4,380,930 and the percentage of students receiving these aids is around 46%.

The major types of federal grants provided by the college are of two categories. The Federal Grants is the first type which sums up to an average of $2,932 received by almost 61%. The other is the Pell Grant which is also opted by 61% of students. On an average Pell grant that you can avail for this college stands to $2,888.

State aid provided for this college comes to an average of approximately $2,396 and a clear majority of 93% of the students avail it. Institutional grant average is about $894 which is given to only 4% of the candidates.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,287

$30,001 - $48,000

$4,749

$48,001 - $75,000

$5,441

$75,001 - $110,000

N/A

Over $110,000

N/A

We have further segregated the amounts for TCAT Knoxville’s financial aids received by each family income group to guide you in understanding how the distribution works.

  • If you fall under a family income category under $30,000 then you might receive a basic amount of $5,287 as financial aid. 

  • A family income category ranging from $30,001 - $48,000 can expect an amount of $4,749

  • For an income range between $48,001 to $75,000 the expected financial aid that you might expect to receive can be close enough to a figure of $5,441.

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