West Kentucky Community And Technical College (WKCTC) Financial Aid and Scholarships
Students Receiving Aid
77%
Total Aid Amount
$15.417M
Financial Aid Official Website
https://westkentucky.kctcs.edu/affording-college/index.aspx
It is interesting to note that, every year, around 96% of students at WKCTC receive some kind of financial aid, while the total amount of assistance/loans provided is $3,820,064. The total percentage of candidates applying to West Kentucky Community and Technical College who receive the Federal Grant is 60%. On the other hand, 89% of the candidates get the Student Grant, 5% receive the Institution Grant, and 60% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,613, while the same comes to $2,186 for State Grant receivers and $2,805 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $3,839. 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 WKCTC, an estimated number of 17% of the applicants choose to go for student loans.
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