OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Madison Area Technical College Financial Aid and Scholarships 2022

Located in Madison, WI, Madison Area Technical College is a public university. It is one of the most popular destinations for students. Madison Area Technical College was founded in the year 1912. Keeping the pursuit of research, innovation, and excellence at the center, Madison Area Technical College has been imparting quality education to its students. The motto of the varsity is Real world smart and its official colors are blue & white. Out of total 33,991 students enrolled at MATC, 14,480

Madison Area Technical College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

38%

Total Aid Amount Average Total Aid Awarded per year.

$17.248M

Financial Aid Official Website

madisoncollege.edu/financial-aid

As many as 58% of the students at MATC get some sort of financial aid, and the total amount of assistance/loans provided is more than $20,093,804 in a year. More information regarding the financial assistance schemes can be accessed on MATC’s official financial aid page at http://madisoncollege.edu/financial-aid. Notably, a total of 35% of the applicants to Madison Area Technical College receive the Federal Grant every year. In comparison, 44% of the students are awarded the Student Grant, 18% get the Institution Grant, and 35% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,490, while the same comes to $1,035 for State Grant receivers and $1,517 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $3,509. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. Every year, around 30% of the applicants to Madison Area Technical College opt for student loans.

Minumum Credit Score	Apply in as little as	Variable APR	Fixed APR
Not Available	15 minutes or less	2.95	4.74	View disclosures
620	2 minutes	5.38%-16.99%¹	4.43%-16.99%¹	View disclosures
Not Available	15 minutes	1.13% - 11.23%¹ (with autopay)	3.50% - 12.60%¹ (with autopay)	View disclosures

Minumum Credit Score

Apply in as little as

Variable APR

Fixed APR

Not Available

15 minutes or less

2.95

4.74

View disclosures

620

2 minutes

5.38%-16.99%¹

4.43%-16.99%¹

View disclosures

Not Available

15 minutes

1.13% - 11.23%¹ (with autopay)

3.50% - 12.60%¹ (with autopay)

View disclosures

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#N/A

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#N/A

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