College of Massage Therapy Financial Aid and Scholarships
Students Receiving Aid
37%
Total Aid Amount
$49.723K
Financial Aid Official Website
www.collegemassagetherapy.com
As many as 83% of the students at CMT get some sort of financial aid, and the total amount of assistance/loans provided is more than $53,249 in a year. The total percentage of candidates applying to College of Massage Therapy who receive the Federal Grant is 70%. Meanwhile, 70% of the applicants receive the Student Grant, while 70% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $1,973. 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 CMT, an estimated number of 83% of the applicants choose to go for student loans.