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Career Technology Center of Lackawanna County Financial Aid & Scholarships

91% Freshmen Get Financial Aid
$7,082 Average Grant & Scholarship
72% Undergrads Get Grant Aid

A large number of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Career Technology Center of Lackawanna County can feel tremendous, but do not forget that almost all students receive some sort of financial help.

What financing options does Career Technology Center of Lackawanna County offer, and what will you qualify for? Keep scrolling for more information. Keep reading to see just how much financial aid could be open to you.

Importance of Career Technology Center of Lackawanna County Financial Aid Information

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Career Technology Center of Lackawanna County.

Freshman Financial Aid at Career Technology Center of Lackawanna County

Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. However, some types of aid are more desirable than others, and some students will receive more than others.

For freshmen starting at Career Technology Center of Lackawanna County, 91% of entering full-time freshmen got some type of financial assistance around 21 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)74%$4,959
Institutional grants & scholarships0%
Federal Pell grants52%$4,633
State/local grants35%$3,351
Federal student loans74%$7,232

Undergraduate Grant Aid at Career Technology Center of Lackawanna County

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, roughly 72% of the undergraduate population received grant aid that averaged $7,082 (across roughly 87 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)72%$7,082
Federal Pell grants66%$5,072
Federal student loans74%$7,639

On-campus students receiving title-IV aid were awarded grants averaging $4,215.

Aid by Income Level at Career Technology Center of Lackawanna County

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$15,824
$30,001 – $75,000$19,092
Over $75,000$17,926

Remember these are net prices — what families pay after gift aid, not before.

The Real Cost of Attending Career Technology Center of Lackawanna County

Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.

CohortAverage Net Price
On-campus title-IV students$22,521
Off-campus title-IV students$16,460

For an estimate tailored to your family circumstances, see Career Technology Center of Lackawanna County’s NPC: www.ctclc.edu/domain/145.

Typical Student Debt at Career Technology Center of Lackawanna County

Graduating students at Career Technology Center of Lackawanna County carry a median federal student debt of $11,861 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$11,861
Median federal debt (graduates only)$17,200
Typical 10-year monthly payment (graduates)$182.35/mo

At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.

How Debt Is Distributed Across Students

The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Career Technology Center of Lackawanna County.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,181
25th percentile$4,750
75th percentile$17,200
90th percentile (highest-debt students)$17,200

Debt Outcomes by Student Group at Career Technology Center of Lackawanna County

How much a student borrows depends heavily on family income, first-gen status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$11,200

Summary Debt Indicators

The figure below distills the debt data into a single burden category for Career Technology Center of Lackawanna County.

Federal Loan Volume at Career Technology Center of Lackawanna County

Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Career Technology Center of Lackawanna County:

MetricValue
Stafford loan recipients807
Total Stafford loan amount$8,964,134

Veterans Benefits at Career Technology Center of Lackawanna County

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients1
Total GI Bill amount$9,500
Average GI Bill amount per recipient$9,500

External Resources for Career Technology Center of Lackawanna County

References

More about our data sources and methodologies.

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