Ivy Tech Community College Financial Aid and Scholarships
Students Receiving Aid
43%
Total Aid Amount
$145.247M
Financial Aid Official Website
www.ivytech.edu/financial-aid/
Among them are scholarship programs such as Alice Ann Garner Scholarship, Amy L. McKee-Everett Memorial Scholarship, Birds Eye Foods (Brooks Foods) Scholarship, and Blackford Agriculture Scholarship. It is interesting to note that, every year, around 72% of students at ITCC receive some kind of financial aid, while the total amount of assistance/loans provided is $52,197,010. One can visit ITCC's financial aid page at http://www.ivytech.edu/financial-aid/ for more information. At ITCC, the total percentage of applicants who receive the Federal Grant stands at 55%. In comparison, 63% of the students are awarded the Student Grant, 15% get the Institution Grant, and 55% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,553, and the same stands at $2,877 for State Grant awardees and $585 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $3,461. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Ivy Tech Community College, the percentage of candidates who opt to avail of student loans is around 18%.
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