$3,866

Avg. Federal Grant

$4,868

Avg. Federal Loan

$966,105

Total Aid Awarded

The International Culinary Center Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

25%

Total Aid Amount Average Total Aid Awarded per year.

$966.105K

Financial Aid Official Website

www.internationalculinarycenter.com/admissions-and-financial-aid/financial-aid/

Students can avail of scholarships provided by the college, such as Aid to Native Americans, Albert E. Wischmeyer Memorial Scholarship, Military Service Recognition Scholarships, and New York State Scholarship for Academic Excellence, if they find educational expenses to be on the higher side. Notably, 50% of the students at The International Culinary Center get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,285,285. At TICC, the total percentage of applicants who receive the Federal Grant stands at 32%. In comparison, 48% of the students are awarded the Student Grant, 33% get the Institution Grant, and 32% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,386. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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 The International Culinary Center, the percentage of candidates who opt to avail of student loans is around 19%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

28%

State Grant Aid

N/A

Institution Grant Aid

23%

Pell Grant

28%

Average Aid Awarded

Federal Grant Aid

$3,866

State Grant Aid

N/A

Institution Grant Aid

$5,358

Pell Grant

$3,115

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$3,929

$30,001 - $48,000

$3,054

$48,001 - $75,000

$2,729

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for The International Culinary Center

Average Loan Amount Average Loan Amount received per year.

$15,037/Year

Students Taking Out Loans

25%

Loan Default Rate

9.1%

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