$5,201

Avg. Federal Grant

$7,531

Avg. Federal Loan

$435,166

Total Aid Awarded

Hamilton Technical College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

58%

Total Aid Amount Average Total Aid Awarded per year.

$435.166K

Financial Aid Official Website

www.hamiltontechcollege.edu/student-financial-services1.html

As many as 81% of the students at HTC get some sort of financial aid, and the total amount of assistance/loans provided is more than $889,605 in a year. Notably, a total of 65% of the applicants to Hamilton Technical College receive the Federal Grant every year. On the other hand, 65% of the candidates get the Student Grant, while 65% receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,580. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Hamilton Technical College, the percentage of candidates who opt to avail of student loans is around 81%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

77%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

77%

Average Aid Awarded

Federal Grant Aid

$5,201

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,201

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,116

$30,001 - $48,000

$4,051

$48,001 - $75,000

$2,947

$75,001 - $110,000

$595

Over $110,000

N/A

Student Loans for Hamilton Technical College

Average Loan Amount Average Loan Amount received per year.

$7,531/Year

Students Taking Out Loans

91%

Loan Default Rate

22.6%

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