$4,095

Avg. Federal Grant

N/A

Avg. Federal Loan

$5,521,939

Total Aid Awarded

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

Students Receiving Aid Percent of Students Receiving Financial Aid.

67%

Total Aid Amount Average Total Aid Awarded per year.

$5.522M

Financial Aid Official Website

www.tcatmemphis.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. As many as 83% of the students at TCATM receive some kind of financial aid, shows the latest data. For additional information about financial assistance schemes, one can head over to TCATM’s financial aid page at http://www.tcatmemphis.edu/future-students/financial-aid. Notably, a total of 64% of the applicants to Tennessee College of Applied Technology-Memphis receive the Federal Grant every year. Meanwhile, 83% of the applicants receive the Student Grant, while 64% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,270. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

55%

State Grant Aid

63%

Institution Grant Aid

N/A

Pell Grant

55%

Average Aid Awarded

Federal Grant Aid

$4,095

State Grant Aid

$2,290

Institution Grant Aid

$1,105

Pell Grant

$4,095

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,796

$30,001 - $48,000

$5,992

$48,001 - $75,000

$3,773

$75,001 - $110,000

N/A

Over $110,000

N/A

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