South Texas Vocational Technical Institute Financial Aid and Scholarships
Students Receiving Aid
83%
Total Aid Amount
$2.505M
Financial Aid Official Website
www.stvt.edu/financial-aid/
As many as 82% of the students at STVTIW get some sort of financial aid, and the total amount of assistance/loans provided is more than $4,039,103 in a year. Notably, a total of 82% of the applicants to South Texas Vocational Technical Institute-Weslaco receive the Federal Grant every year. In comparison, 82% of the students get the Student Grant, and 82% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,683. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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. Every year, around 78% of the applicants to South Texas Vocational Technical Institute-Weslaco opt for student loans.