$5,017

Avg. Federal Grant

$3,215

Avg. Federal Loan

$14,082,645

Total Aid Awarded

York Technical College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

76%

Total Aid Amount Average Total Aid Awarded per year.

$14.083M

Financial Aid Official Website

www.yorktech.edu/financial-aid/

As many as 93% of the students at YTC get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,543,181 in a year. More information regarding the financial assistance schemes can be accessed on YTC’s official financial aid page at http://www.yorktech.edu/financial-aid/. The total percentage of candidates applying to York Technical College who receive the Federal Grant is 50%. In comparison, 92% of the students get the Student Grant, and 50% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $5,226. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 19% of the applicants to York Technical College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

51%

State Grant Aid

82%

Institution Grant Aid

N/A

Pell Grant

51%

Average Aid Awarded

Federal Grant Aid

$5,017

State Grant Aid

$3,608

Institution Grant Aid

N/A

Pell Grant

$4,981

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,743

$30,001 - $48,000

$7,205

$48,001 - $75,000

$5,096

$75,001 - $110,000

$4,038

Over $110,000

$3,168

Student Loans for York Technical College

Average Loan Amount Average Loan Amount received per year.

$3,289/Year

Students Taking Out Loans

24%

Loan Default Rate

18.5%

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