Orange Technical College Financial Aid and Scholarships
Students Receiving Aid
16%
Total Aid Amount
$1.386M
Financial Aid Official Website
www.orangetechcollege.net
As many as 37% of the students at OTCMFC receive some kind of financial aid, shows the latest data. For additional information about financial assistance schemes, one can head over to OTCMFC’s financial aid page at https://www.orangetechcollege.net/financial_aid. Notably, a total of 27% of the applicants to Orange Technical College-Mid Florida Campus receive the Federal Grant every year. In comparison, 37% of the students are awarded the Student Grant, 7% get the Institution Grant, and 27% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,352, the State Grant receivers and Institution Grant beneficiaries get $577 and $1,273, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,576. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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.
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