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 price tag of going to Charlotte Technical College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financing options does CTC offer you, and what will you qualify for? Keep scrolling for more information. Read on to find out just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Charlotte Technical College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Charlotte Technical College, 84% of entering full-time freshmen got some type of financial assistance around 172 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $2,968 |
| Institutional grants & scholarships | 10% | $1,914 |
| Federal Pell grants | 34% | $5,873 |
| State/local grants | 13% | $835 |
| Federal student loans | 0% | — |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at CTC, roughly 70% of undergraduates were awarded grant or scholarship aid averaging $2,904 (among about 315 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $2,904 |
| Federal Pell grants | 33% | $5,238 |
| Federal student loans | 0% | — |
On-campus students receiving title-IV aid were awarded grants averaging $7,398.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,857 |
| $30,001 – $75,000 | $10,862 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $5,874 |
| Off-campus title-IV students | $10,226 |
For a customized cost estimate, visit CTC’s NPC: [www.yourcharlotteschools.net/cms/lib/FL02211872/Centricity/Domain/437/2023 Net Price Calculator updated.html](https://www.yourcharlotteschools.net/cms/lib/FL02211872/Centricity/Domain/437/2023 Net Price Calculator updated.html).
The figure below distills the debt data into a single burden category for CTC.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at CTC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 18 |
| Total Stafford loan amount | $96,881 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 9 |
| Total GI Bill amount | $40,521 |
| Average GI Bill amount per recipient | $4,502 |
References
More about our data sources and methodologies.