College Factual  by our College Data Analytics Team
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What Kind of SKYCTC Fin Aid Could You Get?

The majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.

Interested in understanding the financial aid resources available at SKYCTC and your eligibility? Find the answers you seek below.

Table of Contents:

What Percentage of Students Receive Financial Assistance?

Southcentral Kentucky Community and Technical College average financial aid offer for freshmen students is $5,714.00. 96% of reshman students get financial aid, most of which is in the form of grants and scholarships

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Reducing the Cost of College

Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.

What About Student Loans?

Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at Southcentral Kentucky Community and Technical College.

In addition to scholarships, 61% of first-year students (326 total) got federal grant aid, averaging $4,902.00 per person.

SKYCTC Aid Will I Get That I Won’t Have to Repay?

The numbers and the graph following pertain to primarily federal grants, plus some local and state grants.

61% of first years at Southcentral Kentucky Community and Technical College (326 total) obtained a federal grant, averaging $4,902.00.

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Amount of Financial Assistance Per Family Income

The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.

Income LevelPercent of FreshmanAverage Assistance
Income 0-30k30.13%$8,355.00
Income 30k-48k13.94%$8,121.00
Income 48k-75k10.92%$6,106.00
Income 75k-110k5.46%$2,575.00
Income 110k +3.77%$1,869.00

Title IV Aid

The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.

The Typical Undergrad Who Gets a Scholarship or Grant Will Get $5,714.00.

503 SKYCTC undergrads obtain grant aid (this is about 96% of the entire undergraduate student population). The average amount these students receive is $5,714.00.

Want to Know More About Tuition and Fee Prices?

Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.

Notes and References

References

More about our data sources and methodologies.

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