$4,072

Avg. Federal Grant

$4,285

Avg. Federal Loan

$7,561,230

Total Aid Awarded

Western Iowa Tech Community College (WITCC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

37%

Total Aid Amount Average Total Aid Awarded per year.

$7.561M

Financial Aid Official Website

https://www.witcc.edu/financial_aid/

As many as 92% of the students at WITCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $10,005,533 in a year. For additional information about financial assistance schemes, one can head over to WITCC’s financial aid page at https://www.witcc.edu/financial_aid/. Notably, a total of 60% of the applicants to Western Iowa Tech Community College receive the Federal Grant every year. In comparison, 84% of the students are awarded the Student Grant, 52% get the Institution Grant, and 57% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,500, and the same stands at $3,141 for State Grant awardees and $1,464 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,128. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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 Western Iowa Tech Community College, the percentage of candidates who opt to avail of student loans is around 74%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

65%

State Grant Aid

17%

Institution Grant Aid

38%

Pell Grant

61%

Average Aid Awarded

Federal Grant Aid

$4,072

State Grant Aid

$2,423

Institution Grant Aid

$1,536

Pell Grant

$4,278

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,626

$30,001 - $48,000

$6,059

$48,001 - $75,000

$4,357

$75,001 - $110,000

$1,096

Over $110,000

$1,479

Student Loans for Western Iowa Tech Community College (WITCC)

Average Loan Amount Average Loan Amount received per year.

$4,302/Year

Students Taking Out Loans

83%

Loan Default Rate

18.9%

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