Tennessee College of Applied Technology (TCAT) Murfreesboro Financial Aid and Scholarships
Students Receiving Aid
70%
Total Aid Amount
$2.069M
Financial Aid Official Website
https://tcatmurfreesboro.edu/future-students/financial-aid
Students can avail of scholarships provided by the college, such as Chapter 105 - Memphis - Les Segar Memorial Scholarship, Dr. Richard Forrest & Ella Dudney Kelsey Memorial Scholarship, Tennessee HOPE Scholarship, and Tennessee Student Assistance Award, if they find educational expenses to be on the higher side. As many as 98% of the students at TCATM receive some kind of financial aid, shows the latest data. Notably, a total of 69% of the applicants to Tennessee College of Applied Technology-Murfreesboro receive the Federal Grant every year. In comparison, 98% of the students are awarded the Student Grant, 1% get the Institution Grant, and 69% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $3,270, and the same stands at $1,906 for State Grant awardees and $1,312 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $1,742. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.
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