by our College Data Analytics TeamA large number of students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Central Louisiana Technical Community College can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financing solutions does Central Louisiana Technical Community College deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to learn what amount of financial assistance will be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Central Louisiana Technical Community College.
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. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at Central Louisiana Technical Community College, 87% of new full-time first-years were awarded at least some aid (about 182 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $7,626 |
| Institutional grants & scholarships | 4% | $1,015 |
| Federal Pell grants | 73% | $5,899 |
| State/local grants | 28% | $2,806 |
| Federal student loans | 30% | $4,805 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Central Louisiana Technical Community College, about 81% of undergraduate students received gift aid averaging $5,187 (covering around 975 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $5,187 |
| Federal Pell grants | 69% | $5,228 |
| Federal student loans | 45% | $6,294 |
Title-IV recipients living on campus saw average grant aid of $6,470.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $5,456 |
| $30,001 – $75,000 | $10,616 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $5,702 |
| Off-campus title-IV students | $5,497 |
To project your own net price, use Central Louisiana Technical Community College’s NPC: www.cltcc.edu/financial-aid/files/net-price-calculator/index.html.
A typical borrower at Central Louisiana Technical Community College leaves with $7,000 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,000 |
| Median federal debt (graduates only) | $7,000 |
| Typical 10-year monthly payment (graduates) | $74.21/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at Central Louisiana Technical Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,951 |
| 25th percentile | $3,500 |
| 75th percentile | $7,500 |
| 90th percentile (highest-debt students) | $9,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,500 |
| Middle income | $5,500 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,035 |
| Continuing-generation students | $5,875 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Central Louisiana Technical Community College.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Central Louisiana Technical Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2276 |
| Total Stafford loan amount | $21,449,131 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 16 |
| Total GI Bill amount | $52,378 |
| Average GI Bill amount per recipient | $3,274 |
References
More about our data sources and methodologies.