$5,330

Avg. Federal Grant

$8,424

Avg. Federal Loan

$552,932

Total Aid Awarded

Cambridge College of Healthcare and Technology Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

73%

Total Aid Amount Average Total Aid Awarded per year.

$552.932K

Financial Aid Official Website

www.cambridgehealth.edu/

Interestingly, almost all of the students at CCHT receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $3,343,169 in a year. At CCHT, the total percentage of applicants who receive the Federal Grant stands at 57%. Meanwhile, 58% of the applicants receive the Student Grant, while 57% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $5,615. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At Cambridge College of Healthcare & Technology, the percentage of candidates who opt to avail of student loans is around 64%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

75%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

75%

Average Aid Awarded

Federal Grant Aid

$5,330

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,298

Cambridge College of Healthcare & Technology financial aid includes Federal Grants, Pell Grants, State grants and Institutional grants, with Federal and Pell grants having the highest percentage contribution of 75% with the average aid amount being $5,330 and $5,298 respectively.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,108

$30,001 - $48,000

$4,704

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

As per the data from Cambridge College of Healthcare & Technology financial aid office, lower the family income higher is the amount of financial aid one can expect to receive. Those students who have a family income under $30,000 can expect to receive an aid amount of $6,108 while those with a family income of over $30,000 can expect to receive an aid amount of $4,704. This ensures that the bulk of the money is flowing towards those who need it the most. The table is a breakdown of the same:

Student Loans for Cambridge College of Healthcare and Technology

Average Loan Amount Average Loan Amount received per year.

$8,424/Year

Students Taking Out Loans

94%

Loan Default Rate

10%

Other Colleges In Florida

University of Central Florida is a public university located in Orlando, FL. The university covers an area of 1,415 acres. University of Central Florida was founded in the year 1963. University of Central Florida believes in imparting education and contributing to society by focusing on innovation,

Orlando, Florida 4 years Public

University of Florida is a public university located in Gainesville, FL. The university covers an area of 2,000 acres. The foundation of University of Florida was laid down in the year 1853. Keeping the pursuit of research, innovation, and excellence at the center, University of Florida has been im

Gainesville, Florida 4 years Public

#N/A

Deland, Florida 4 years Private Not-For-Profit

Other Private for-profit Colleges

Aspen University offers various programs for the students and is based solely on the distance education platform. The online programs offered by the university are designed to offer the students a chance to pursue higher education from anywhere and anytime, based on the convenience of the student

Denver, Colorado 4 years Private For-Profit

The college holds different accreditation in an institution and programmatic level. UP is regionally licensed and is recognized by the Higher Learni

Initially, the university was known as ‘Strayer's Business College’, and later changed to ‘Strayer College’. The university got its current name in the year 1998 after it was granted the university status. The is an online accredited university es

Arlington, Virginia 4 years Private For-Profit