$4,537

Avg. Federal Grant

$5,107

Avg. Federal Loan

$9,979,927

Total Aid Awarded

Chippewa Valley Technical College (CVTC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

32%

Total Aid Amount Average Total Aid Awarded per year.

$9.980M

Financial Aid Official Website

www.cvtc.edu

Students can avail of scholarships provided by the college, such as Academic Excellence Scholarship, Lake Mason Lions Club Scholarship, Talent Incentive Program Grant, and Wisconsin Association Awards, if they find educational expenses to be on the higher side. Notably, 78% of the students at Chippewa Valley Technical College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $11,338,926. Notably, a total of 53% of the applicants to Chippewa Valley Technical College receive the Federal Grant every year. On the other hand, 53% of the candidates get the Student Grant, 8% receive the Institution Grant, and 47% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,067, and the same stands at $966 for State Grant awardees and $2,184 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,633. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At CVTC, an estimated number of 50% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

47%

State Grant Aid

41%

Institution Grant Aid

6%

Pell Grant

46%

Average Aid Awarded

Federal Grant Aid

$4,537

State Grant Aid

$1,000

Institution Grant Aid

$1,751

Pell Grant

$4,349

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,836

$30,001 - $48,000

$5,099

$48,001 - $75,000

$2,825

$75,001 - $110,000

$367

Over $110,000

$102

Student Loans for Chippewa Valley Technical College (CVTC)

Average Loan Amount Average Loan Amount received per year.

$5,199/Year

Students Taking Out Loans

50%

Loan Default Rate

10.3%

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