Black River Technical College Financial Aid and Scholarships
Students Receiving Aid
69%
Total Aid Amount
$5.041M
Financial Aid Official Website
www.blackrivertech.org/financial-aid
It is interesting to note that, every year, around 86% of students at BRTC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,500,544. One can visit BRTC's financial aid page at http://www.blackrivertech.org/financial-aid for more information. Notably, a total of 68% of the applicants to Black River Technical College receive the Federal Grant every year. In comparison, 85% of the students are awarded the Student Grant, 39% get the Institution Grant, and 68% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,411, and the same stands at $838 for State Grant awardees and $799 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,047. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At BRTC, an estimated number of 14% of the applicants choose to go for student loans.