Marion Technical College Financial Aid, FAFSA/Federal School Code, Scholarships and Deadlines 2022

Marion Technical College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

30%

Total Aid Amount Average Total Aid Awarded per year.

$2.772M

Financial Aid Official Website

N/A

It is interesting to note that, every year, around 81% of students at MTC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,294,792. The total percentage of candidates applying to Marion Technical College who receive the Federal Grant is 62%. On the other hand, 73% of the candidates get the Student Grant, 30% receive the Institution Grant, and 62% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,747, the State Grant receivers and Institution Grant beneficiaries get $684 and $1,616, respectively. And, for the Pell Grant awardees, the average aid amount is $3,767. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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 Marion Technical College, the percentage of candidates who opt to avail of student loans is around 24%.

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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