$7,418

Avg. Federal Grant

$14,598

Avg. Federal Loan

$110,991

Total Aid Awarded

The Workforce Institutes City College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

70%

Total Aid Amount Average Total Aid Awarded per year.

$110.991K

Financial Aid Official Website

www.wficitycollege.org/financial/

It is interesting to note that almost every student at TWICC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $26,827. One can visit TWICC's financial aid page at http://www.wficitycollege.org/financial/ for more information. The total percentage of candidates applying to The Workforce Institute's City College who receive the Federal Grant is 100%. In comparison, 100% of the students get the Student Grant, and 100% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $3,466. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Students whose family income per annum is less than $30,000 will receive a federal aid of $6,327 on average in a year. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 100% of the applicants to The Workforce Institute's City College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

100%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

100%

Average Aid Awarded

Federal Grant Aid

$7,418

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,318

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,418

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for The Workforce Institutes City College

Average Loan Amount Average Loan Amount received per year.

$14,598/Year

Students Taking Out Loans

100%

Loan Default Rate

8.8%

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