$5,920

Avg. Federal Grant

$3,332

Avg. Federal Loan

$4,102,259

Total Aid Awarded

Western Technical College (WT) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

83%

Total Aid Amount Average Total Aid Awarded per year.

$4.102M

Financial Aid Official Website

www.westerntech.edu/student-financial-services/

Among them are scholarship programs such as Abe and Annie Seibel Foundation Loan, Children of U.S. Military who are Missing in Action or Prisoners of War (MIA/POWs) Exemption, Dr. Joseph Graham Fellowship for College Pro-Life Leaders, and Faye and Rendell Webb Scholarship. It is interesting to note that, every year, around 91% of students at WTC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,276,106. The total percentage of candidates applying to Western Technical College who receive the Federal Grant is 79%. In comparison, 81% of the students are awarded the Student Grant, 2% get the Institution Grant, and 79% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,878. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Western Technical College, the percentage of candidates who opt to avail of student loans is around 66%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

58%

State Grant Aid

1%

Institution Grant Aid

21%

Pell Grant

58%

Average Aid Awarded

Federal Grant Aid

$5,920

State Grant Aid

$1,862

Institution Grant Aid

$1,202

Pell Grant

$5,920

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,691

$30,001 - $48,000

$6,095

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Western Technical College (WT)

Average Loan Amount Average Loan Amount received per year.

$3,332/Year

Students Taking Out Loans

65%

Loan Default Rate

11.1%

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