by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from West Kentucky Community and Technical College.
$5,296.00 is the typical West Kentucky Community and Technical College’s first year financial aid package. About 96% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
Concerned about the student loans that might be part of your financing deal? Look at the average amount of debt per student at West Kentucky Community and Technical College.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The numbers below apply to scholarships and grants primarily provided by West Kentucky Community and Technical College.
6% of new students (39 total) were offered scholarships at West Kentucky Community and Technical College, averaging $3,427.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 61% of first years (429 total) were awarded federal grant aid, averaging $4,832.00 each.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 34.04% | $7,565.00 |
| Income 30k-48k | 11.02% | $7,910.00 |
| Income 48k-75k | 7.91% | $5,992.00 |
| Income 75k-110k | 2.54% | $1,997.00 |
| Income 110k + | 0.85% | $882.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
Of the 708 undergraduate students at West Kentucky Community and Technical College around 96% (652 total) receive some form of grant aid. The typical amount awarded was $5,296.00.The largest share of which are in the guise of Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.
