Albany Technical College Financial Aid and Scholarships
Students Receiving Aid
87%
Total Aid Amount
$15.535M
Financial Aid Official Website
N/A
Among them are scholarship programs such as Constance L. Lloyd/ACMPE Scholarship, Georgia Public Safety Memorial Grant, HERO Scholarship Program (Helping Educate Reservists and their Offspring), and HOPE & PROMISE Teacher Scholarship Loans. Notably, 93% of the students at Albany Technical College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,969,327. More information regarding the financial assistance schemes can be accessed on ATC’s official financial aid page at https://www.albanytech.edu/admissions/financial-aid/financial-aid-3. The total percentage of candidates applying to Albany Technical College who receive the Federal Grant is 81%. On the other hand, 90% of the candidates get the Student Grant, 5% receive the Institution Grant, and 81% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $6,841, and the same stands at $2,609 for State Grant awardees and $2,403 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $5,844. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At ATC, an estimated number of 47% of the applicants choose to go for student loans.
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