$4,070

Avg. Federal Grant

$6,229

Avg. Federal Loan

$2,602,029

Total Aid Awarded

Unitech Training Academy Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

81%

Total Aid Amount Average Total Aid Awarded per year.

$2.602M

Financial Aid Official Website

unitechtrainingacademy.com/financial-aid/

As many as 88% of the students at UTAL get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,436,674 in a year. The total percentage of candidates applying to Unitech Training Academy-Lafayette who receive the Federal Grant is 82%. In comparison, 82% of the students get the Student Grant, and 82% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,390. 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. 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. At UTAL, an estimated number of 79% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

83%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

83%

Average Aid Awarded

Federal Grant Aid

$4,070

State Grant Aid

$2,379

Institution Grant Aid

N/A

Pell Grant

$4,070

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$3,384

$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 Unitech Training Academy

Average Loan Amount Average Loan Amount received per year.

$6,229/Year

Students Taking Out Loans

79%

Loan Default Rate

21.4%

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