How Many Undergrads Get Financial Assistance?
$8,793 is the typical Central Ohio Technical College's first year financial aid package. About 68.0% of freshman students obtain some financial aid, the majority of which is loans.
Student loans technically fall under the umbrella of 'financial aid', however the only true discount from the cost of college is a scholarship or grant that you do not need to pay back.
A student loan isn't a true college price reduction, but rather an outcome to consider. Discover how much student loan debt from Central Ohio Technical College you could end up dealing with.
How Much Central Ohio Technical College Aid Is Available That Won't Put Me in Debt?
The numbers plus the chart following reference primarily federal grants, plus some local and state grants. 59.0% of freshmen at Central Ohio Technical College (114 total) received a federal grant, averaging $4,205. As well as grants, 23.0% of freshmen (44 total) got scholarships by the college, averaging $1,837 each.
See the average volume of scholarships and grants freshmen receive by checking out the chart below.
Scholarships are merit-based, while grants are awarded based on need.
How Income Level Affects Financial Aid
Determine just how much scholarship and grant assistance you might expect to obtain according to your earnings. The chart following displays first year students obtaining federal aid such as PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 37.1% | $4,800 |
| Income 30k-48k | 13.4% | $4,901 |
| Income 48k-75k | 10.3% | $2,325 |
| Income 75k-110k | 10.3% | $469 |
| Income 110k + | 5.7% | $298 |
The chart above displays undergrads who are obtaining Title IV aid which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
The Average Undergraduate Receiving a Grant or Scholarship Gets $3,842
1,381 Central Ohio Technical College undergrads get grant aid (this is around 40.0% of the complete student population). The average amount these students get is $3,842 The majority in the form of Pell Grants.
Visit the Tuition and Fees page or the Cost Per Credit Hour page for more info.
Financial Aid Information at Central Ohio Technical College
| Financial Aid Department Website | www.cotc.edu/Admissions/Pages/Office-of-Financial-Aid.aspx |
| Net Price Calculator | coursecast.cotc.edu/websitemediafiles/NetPriceCalculator/npcalc.htm |
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