$4,279

Avg. Federal Grant

$7,220

Avg. Federal Loan

$1,496,533

Total Aid Awarded

Motoring Technical Training Institute (MTTI) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

60%

Total Aid Amount Average Total Aid Awarded per year.

$1.497M

Financial Aid Official Website

www.mtti.edu

Among them are scholarship programs such as Albert E. And Florence W. Newton Nurse Scholarship, Aldo Freda Legislative Pages Scholarship, Harry Itchkawich Memorial Scholarship, and Heriberto Flores Scholarship. As many as 94% of the students at MTTI get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,657,241 in a year. At MTTI, the total percentage of applicants who receive the Federal Grant stands at 65%. Meanwhile, 71% of the applicants receive the Student Grant and 10% are awarded the Institution Grant, while 65% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,331, while the same comes to $5,321 for State Grant receivers and $549 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,201. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At MTTI, an estimated number of 77% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

60%

State Grant Aid

20%

Institution Grant Aid

6%

Pell Grant

60%

Average Aid Awarded

Federal Grant Aid

$4,279

State Grant Aid

$5,579

Institution Grant Aid

$603

Pell Grant

$4,205

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,269

$30,001 - $48,000

$4,085

$48,001 - $75,000

$5,003

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Motoring Technical Training Institute (MTTI)

Average Loan Amount Average Loan Amount received per year.

$7,220/Year

Students Taking Out Loans

51%

Loan Default Rate

15%

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