$6,041

Avg. Federal Grant

$3,569

Avg. Federal Loan

$50,468,279

Total Aid Awarded

Trident Technical College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

74%

Total Aid Amount Average Total Aid Awarded per year.

$50.468M

Financial Aid Official Website

https://www.tridenttech.edu/pay/index.htm

As many as 94% of the students at TTC get some sort of financial aid, and the total amount of assistance/loans provided is more than $13,263,320 in a year. One can visit TTC's financial aid page at https://www.tridenttech.edu/pay/index.htm for more information. At TTC, the total percentage of applicants who receive the Federal Grant stands at 49%. In comparison, 93% of the students are awarded the Student Grant, 14% get the Institution Grant, and 49% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $7,189, and the same stands at $4,492 for State Grant awardees and $1,076 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $6,440. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 28% of the applicants to Trident Technical College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

49%

State Grant Aid

70%

Institution Grant Aid

11%

Pell Grant

49%

Average Aid Awarded

Federal Grant Aid

$6,041

State Grant Aid

$3,395

Institution Grant Aid

$1,111

Pell Grant

$5,948

It is important to realize what number of students get certain aids since it gives the students a smart idea of what's in store from all sorts of assistance they are expecting.

You can apply for the financial aid by filling the FAFSA application form, the significant point to raise is how often as well as to whom is a sure aid given.

With regards to awards, students get the chance to take up various awards; government, institutional, or state awards.

  • As per the records observed, 49% of the students are awarded Federal Grant Aid which adds up to at a normal of $6041.

  • Almost 49% of the students receive Pell Grants which add up to a normal of around $5,948.

  • Roughly 70% of the students are eligible for state awards at a normal of around $3,395.

  • 11% of the students get institutional awards which add up to a normal of around $1,111.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,241

$30,001 - $48,000

$7,607

$48,001 - $75,000

$5,973

$75,001 - $110,000

$3,907

Over $110,000

$3,570

Financial aid in the form of federal aid is provided to a student, depending on the income of the student or the student’s family.

The average federal aid in Trident Technical College is calculated according to the family income of the student and is segregated into 5 different income brackets.,

For a student who has a family income ranging from 0 to $30,000, the average federal aid provided is $8,241 whereas a student having a family income ranging from $30,001 to $48,000 the average federal aid is $7,607.

The student who has a family income ranging from $48,001 to $75,000 gets financial assistance for $5,973 whereas the student having an annual income ranging from $75,001 to $110,000 gets $3,907. And the student has an annual income range greater than $110,000 gets average federal aid of $3,570.

Student Loans for Trident Technical College

Average Loan Amount Average Loan Amount received per year.

$3,628/Year

Students Taking Out Loans

34%

Loan Default Rate

14.1%

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