by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
Interested in understanding the financial aid resources available at Wake Technical Community College and your eligibility? Find the answers you seek below.
$6,124.00 is the typical Wake Technical Community College’s first year financial aid package. 62% of reshman students get financial aid, most of which is in the form of grants and scholarships
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at Wake Technical Community College.
As well as scholarships, 40% of first-year students (840 total) got a federal grant, for about $6,417.00 per person.
These scholarships and grants are composed of primarily federal grants, and some state and local awards.
40% of first-year students at Wake Technical Community College (840 total) got a federal grant, averaging $6,417.00.
The table below shows grant and scholarship distributions by income for first-year students getting any sort of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 19.14% | $7,307.00 |
| Income 30k-48k | 9.59% | $6,351.00 |
| Income 48k-75k | 9.74% | $4,149.00 |
| Income 75k-110k | 2.83% | $943.00 |
| Income 110k + | 0.29% | $72.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
62% of the 2085 undergraduates at Wake Technical Community College receive some sort of grant aid. This is a total of about 892 students getting an average of $6,124.00 per person.The majority of which come in the form 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.