$5,748

Avg. Federal Grant

$4,558

Avg. Federal Loan

$31,109,621

Total Aid Awarded

Florence-Darlington Technical College (FDTC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

85%

Total Aid Amount Average Total Aid Awarded per year.

$31.110M

Financial Aid Official Website

https://www.fdtc.edu/admissions/financial-aid/

Among them are scholarship programs such as C.G. Fuller Foundation Scholarship, LinkScholars Program, South Carolina Legislative Incentives for Future Excellence (LIFE) Scholarship, and South Carolina Need-based Grant. It is interesting to note that, every year, around 92% of students at FDTC receive some kind of financial aid, while the total amount of assistance/loans provided is $4,663,212. Notably, a total of 64% of the applicants to Florence-Darlington Technical College receive the Federal Grant every year. Meanwhile, 92% of the applicants receive the Student Grant and 1% are awarded the Institution Grant, while 64% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $6,155, the State Grant receivers and Institution Grant beneficiaries get $4,428 and $281, respectively. And, for the Pell Grant awardees, the average aid amount is $5,693. 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. 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. Every year, around 17% of the applicants to Florence-Darlington Technical College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

68%

State Grant Aid

55%

Institution Grant Aid

4%

Pell Grant

68%

Average Aid Awarded

Federal Grant Aid

$5,748

State Grant Aid

$4,559

Institution Grant Aid

$666

Pell Grant

$5,681

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$2,696

$30,001 - $48,000

$1,462

$48,001 - $75,000

$695

$75,001 - $110,000

$1,361

Over $110,000

$1,664

Student Loans for Florence-Darlington Technical College (FDTC)

Average Loan Amount Average Loan Amount received per year.

$4,550/Year

Students Taking Out Loans

21%

Loan Default Rate

22.7%

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