$4,873

Avg. Federal Grant

$6,981

Avg. Federal Loan

$1,158,346

Total Aid Awarded

Triangle Tech Inc Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

94%

Total Aid Amount Average Total Aid Awarded per year.

$1.158M

Financial Aid Official Website

www.triangle-tech.edu

Interestingly, almost all of the students at TTIP receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $858,924 in a year. At TTIP, the total percentage of applicants who receive the Federal Grant stands at 75%. In comparison, 89% of the students are awarded the Student Grant, 7% get the Institution Grant, and 75% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,515, and the same stands at $4,709 for State Grant awardees and $6,811 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,428. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At TTIP, an estimated number of 75% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

75%

State Grant Aid

63%

Institution Grant Aid

20%

Pell Grant

75%

Average Aid Awarded

Federal Grant Aid

$4,873

State Grant Aid

$3,741

Institution Grant Aid

$4,380

Pell Grant

$4,823

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,873

$30,001 - $48,000

$7,436

$48,001 - $75,000

$7,158

$75,001 - $110,000

$4,712

Over $110,000

N/A

Student Loans for Triangle Tech Inc

Average Loan Amount Average Loan Amount received per year.

$7,326/Year

Students Taking Out Loans

83%

Loan Default Rate

19.4%

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