$4,333

Avg. Federal Grant

$5,458

Avg. Federal Loan

$5,940,364

Total Aid Awarded

Waukesha County Technical College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

22%

Total Aid Amount Average Total Aid Awarded per year.

$5.940M

Financial Aid Official Website

www.wctc.edu/admissions-cost/tuition-aid/financial-aid.php

It is interesting to note that, every year, around 42% of students at WCTC receive some kind of financial aid, while the total amount of assistance/loans provided is $6,976,220. At WCTC, the total percentage of applicants who receive the Federal Grant stands at 19%. On the other hand, 29% of the candidates get the Student Grant, 10% receive the Institution Grant, and 19% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,204, and the same stands at $1,005 for State Grant awardees and $1,175 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,150. 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. 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. Candidates are also required to repay these loans within a given period. At WCTC, an estimated number of 24% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

35%

State Grant Aid

29%

Institution Grant Aid

16%

Pell Grant

35%

Average Aid Awarded

Federal Grant Aid

$4,333

State Grant Aid

$1,105

Institution Grant Aid

$792

Pell Grant

$4,254

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,747

$30,001 - $48,000

$5,505

$48,001 - $75,000

$2,430

$75,001 - $110,000

$500

Over $110,000

$94

Student Loans for Waukesha County Technical College

Average Loan Amount Average Loan Amount received per year.

$5,512/Year

Students Taking Out Loans

33%

Loan Default Rate

16%

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