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Fletcher Technical Community College Financial Aid and Scholarship Details

89% Freshmen Get Financial Aid
$6,035 Average Grant & Scholarship
63% Undergrads Get Grant Aid

A 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 Fletcher Technical Community College can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.

What financial aid options can Fletcher Technical Community College offer you, and what will you qualify for? Keep reading for more information. Scroll down to find out what amount of financial assistance will be accessible to you.

Why You Should Understand Fletcher Technical Community College Aid Information

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Fletcher Technical Community College.

Typical First Year Financial Aid at Fletcher Technical Community College

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.

For incoming first-year students at Fletcher Technical Community College, 89% of first-time, full-time freshmen received some form of financial aid roughly 301 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)89%$7,058
Institutional grants & scholarships25%$2,534
Federal Pell grants74%$6,446
State/local grants34%$2,620
Federal student loans28%$5,855

Undergraduate Grant Aid at Fletcher Technical Community College

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Fletcher Technical Community College, some 63% of the undergraduate population received grant aid that averaged $6,035 (for some 1540 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)63%$6,035
Federal Pell grants59%$5,738
Federal student loans29%$7,574

For on-campus title-IV students, average grant aid came to $6,925.

How Cost Varies by Income at Fletcher Technical Community College

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$9,750
$30,001 – $75,000$11,563
Over $75,000$15,277

Each amount is the average cost remaining once grant aid is subtracted, by income band.

What a Degree Really Costs at Fletcher Technical Community College

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$10,527
Off-campus title-IV students$10,689

To project your own net price, use Fletcher Technical Community College’s net price calculator: www.fletcher.edu/financial-aid/files/documents/index.html.

Student Debt Levels at Fletcher Technical Community College

The median student at Fletcher Technical Community College graduates with $7,500 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$7,500
Median federal debt (graduates only)$10,064
Typical 10-year monthly payment (graduates)$106.7/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

The Full Range of Student Debt

The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at Fletcher Technical Community College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,500
25th percentile$2,000
75th percentile$5,500
90th percentile (highest-debt students)$10,000

How Debt Outcomes Vary by Student Group at Fletcher Technical Community College

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

By Family Income

Income tierMedian federal debt
Low income$8,250
Middle income$7,000
High income$5,500

First-Generation Comparison

CohortMedian federal debt
First-generation students$7,635
Continuing-generation students$6,462

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$5,500
Independent students$9,500

Summary Debt Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. Fletcher Technical Community College.

Federal Stafford Lending at Fletcher Technical Community College

The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Fletcher Technical Community College:

MetricValue
Stafford loan recipients2696
Total Stafford loan amount$26,419,519

GI Bill and DoD Benefits at Fletcher Technical Community College

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 recipients66
Total GI Bill amount$208,815
Average GI Bill amount per recipient$3,164

Active-duty Tuition Assistance recipients

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

External Resources for Fletcher Technical Community College

References

More about our data sources and methodologies.

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