$5,717

Avg. Federal Grant

$3,464

Avg. Federal Loan

$27,060,175

Total Aid Awarded

West Georgia Technical College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

80%

Total Aid Amount Average Total Aid Awarded per year.

$27.060M

Financial Aid Official Website

https://www.westgatech.edu/financial-aid/

It is interesting to note that, every year, around 87% of students at WGTC receive some kind of financial aid, while the total amount of assistance/loans provided is $4,609,739. Notably, a total of 57% of the applicants to West Georgia Technical College receive the Federal Grant every year. On the other hand, 81% of the candidates get the Student Grant, 3% receive the Institution Grant, and 57% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $7,696, and the same stands at $2,409 for State Grant awardees and $968 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $7,575. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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 West Georgia Technical College, the percentage of candidates who opt to avail of student loans is around 17%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

60%

State Grant Aid

51%

Institution Grant Aid

2%

Pell Grant

60%

Average Aid Awarded

Federal Grant Aid

$5,717

State Grant Aid

$2,230

Institution Grant Aid

$1,075

Pell Grant

$5,676

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,373

$30,001 - $48,000

$6,402

$48,001 - $75,000

$3,838

$75,001 - $110,000

$1,436

Over $110,000

$1,283

Student Loans for West Georgia Technical College

Average Loan Amount Average Loan Amount received per year.

$3,503/Year

Students Taking Out Loans

15%

Loan Default Rate

15.2%

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