$5,920

Avg. Federal Grant

N/A

Avg. Federal Loan

$1,190,794

Total Aid Awarded

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

Students Receiving Aid Percent of Students Receiving Financial Aid.

99%

Total Aid Amount Average Total Aid Awarded per year.

$1.191M

Financial Aid Official Website

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

Such schemes include 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 98% of the students at TCATR receive some kind of financial aid, shows the latest data. The total percentage of candidates applying to Tennessee College of Applied Technology-Ripley who receive the Federal Grant is 89%. On the other hand, 98% of the candidates get the Student Grant, 1% receive the Institution Grant, and 86% get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,763. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

75%

State Grant Aid

63%

Institution Grant Aid

21%

Pell Grant

75%

Average Aid Awarded

Federal Grant Aid

$5,920

State Grant Aid

$2,000

Institution Grant Aid

$500

Pell Grant

$5,920

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,920

$30,001 - $48,000

$4,000

$48,001 - $75,000

$3,888

$75,001 - $110,000

N/A

Over $110,000

N/A

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