by our College Data Analytics TeamMost students will not be asked to pay 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 price of attendance at Greenville Technical College can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial aid solutions can GTC provide, and just what are you going to be eligible for? Keep reading for answers. Keep going to discover just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from Greenville Technical College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Greenville Technical College, 91% of new full-time first-years were awarded at least some aid some 937 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $6,984 |
| Institutional grants & scholarships | 7% | $473 |
| Federal Pell grants | 53% | $5,681 |
| State/local grants | 76% | $4,078 |
| Federal student loans | 6% | $5,205 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at GTC, roughly 75% of the undergraduate population received grant aid that averaged $4,905 (covering around 7976 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $4,905 |
| Federal Pell grants | 34% | $4,485 |
| Federal student loans | 9% | $6,396 |
On-campus students receiving title-IV aid were awarded grants averaging $8,453.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $5,947 |
| $30,001 – $75,000 | $6,568 |
| Over $75,000 | $7,457 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $11,713 |
| Off-campus title-IV students | $6,246 |
For a personalized estimate based on your family’s financial situation, use GTC’s official net price calculator: www.gvltec.edu/admissions_aid/tuition_and_payments/cost2attend.html.
The median federal debt load at GTC comes to $8,604 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,604 |
| Median federal debt (graduates only) | $15,392 |
| Typical 10-year monthly payment (graduates) | $163.18/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at GTC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,625 |
| 25th percentile | $4,456 |
| 75th percentile | $18,250 |
| 90th percentile (highest-debt students) | $31,479 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,324 |
| Middle income | $8,669 |
| High income | $6,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,718 |
| Continuing-generation students | $8,250 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,399 |
| Independent students | $11,184 |
The figure below distills the debt data into a single burden category for GTC.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at GTC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 37623 |
| Total Stafford loan amount | $606,504,486 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 129 |
| Total GI Bill amount | $628,527 |
| Average GI Bill amount per recipient | $4,872 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 10 |
| Total DoD amount | $30,015 |
| Average DoD amount per recipient | $3,002 |
References
More about our data sources and methodologies.