Cincinnati State Technical and Community College Financial Aid and Scholarships
Students Receiving Aid
41%
Total Aid Amount
$19.179M
Financial Aid Official Website
www.cincinnatistate.edu/financialaid
Among them are scholarship programs such as James R. Hunt Memorial Scholarship, Larry and Doris Clark Scholarship, Minority Journalism Scholarship, and Nurse Education Assistance Loan Program. As many as 79% of the students at CSTCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $13,653,446 in a year. At CSTCC, the total percentage of applicants who receive the Federal Grant stands at 55%. In comparison, 60% of the students are awarded the Student Grant, 13% get the Institution Grant, and 55% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,458, while the same comes to $2,572 for State Grant receivers and $2,798 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $5,103. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 56% of the applicants to Cincinnati State Technical and Community College opt for student loans.