Orangeburg Calhoun Technical College Financial Aid and Scholarships
Students Receiving Aid
90%
Total Aid Amount
$8.333M
Financial Aid Official Website
www.octech.edu/cost-financial-aid
Notably, 98% of the students at Orangeburg Calhoun Technical College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,581,836. For additional information about financial assistance schemes, one can head over to OCTC’s financial aid page at http://www.octech.edu/cost-financial-aid. Notably, a total of 73% of the applicants to Orangeburg Calhoun Technical College receive the Federal Grant every year. On the other hand, 98% of the candidates get the Student Grant, 8% receive the Institution Grant, and 73% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,218, the State Grant receivers and Institution Grant beneficiaries get $4,019 and $349, respectively. And, for the Pell Grant awardees, the average aid amount is $4,346. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Orangeburg Calhoun Technical College, the percentage of candidates who opt to avail of student loans is around 7%.