$4,843

Avg. Federal Grant

N/A

Avg. Federal Loan

$2,853,582

Total Aid Awarded

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

Students Receiving Aid Percent of Students Receiving Financial Aid.

71%

Total Aid Amount Average Total Aid Awarded per year.

$2.854M

Financial Aid Official Website

www.tcatshelbyville.edu

It is interesting to note that, every year, around 92% of students at TCATS receive some kind of financial aid. The total percentage of candidates applying to Tennessee College of Applied Technology-Shelbyville who receive the Federal Grant is 49%. In comparison, 91% of the students are awarded the Student Grant, 8% get the Institution Grant, and 49% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,353, and the same stands at $3,320 for State Grant awardees and $586 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,157. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Candidates are also required to repay these loans within a given period.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

48%

State Grant Aid

82%

Institution Grant Aid

6%

Pell Grant

48%

Average Aid Awarded

Federal Grant Aid

$4,843

State Grant Aid

$2,691

Institution Grant Aid

$580

Pell Grant

$4,863

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,962

$30,001 - $48,000

$7,395

$48,001 - $75,000

$5,009

$75,001 - $110,000

$3,694

Over $110,000

N/A

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