$5,086

Avg. Federal Grant

$8,590

Avg. Federal Loan

$873,222

Total Aid Awarded

Chattanooga College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

45%

Total Aid Amount Average Total Aid Awarded per year.

$873.222K

Financial Aid Official Website

www.chattanoogacollege.edu

As many as 56% of the students at CCMDTC get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,354,366 in a year. Notably, a total of 54% of the applicants to Chattanooga College Medical Dental and Technical Careers receive the Federal Grant every year. On the other hand, 54% of the candidates get the Student Grant, while 54% receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $5,658. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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 CCMDTC, an estimated number of 54% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

45%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

39%

Average Aid Awarded

Federal Grant Aid

$5,086

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,684

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,067

$30,001 - $48,000

N/A

$48,001 - $75,000

$5,693

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Chattanooga College

Average Loan Amount Average Loan Amount received per year.

$8,590/Year

Students Taking Out Loans

43%

Loan Default Rate

9.9%

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