Scholarships
Scholarship/Financial Aid Policy (Revised)
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This Revised Scholarship/Financial Aid Policy is applicable for students enrolled for and onwards. For students who have enrolled before the first quarter of 2020, scholarship/financial aid will be awarded to them as per the Scholarship/Financial Aid Policy of which was applicable when that particular student was awarded.
PTC awards several categories of “PTC Scholarship/Financial Aid” as follows:
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Password Technical College (PTC) Scholarship
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Up to 100% tuition fee funded scholarship is awarded to economically disadvantaged students.
Eligibility criteria and other requirements:
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Median Family income or dependent of less than $18,000; and/or “Programa Asistencia Nutricional” (PAN): and/or “Ayuda Temporal a Familias Necesitadas” (TAN) : and/or Low Income Home Energy Assistance Program (LIHEA) beneficiary.
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Students who obtained a GPA of 4.0 or equivalent.
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A minimum CGPA of 3.25 is required to be maintained in all the quarters. In case of failure to maintain the required CGPA, the scholarship will be canceled until achieving the required CGPA.
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The students will have to be 3/4 or Full-Time Students as defined in PTC recent School Catalog. No scholarship will be provided for non-credit courses.
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Only one of the family members will be eligible for this scholarship.
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Need-Based Scholarship
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Up to 100% tuition fee funded scholarship will be awarded to those students who are facing difficulty to continue their education at PTC due to unexpected and serious situations that lead to a financial crisis in the family.
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Eligibility criteria and other requirements:
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A minimum CGPA of 3.25 is required to be maintained in all the quarters. In case of failure to maintain the required CGPA, the scholarship will be canceled until achieving the required CGPA.
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Physically Challenged Students
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Up to 100% special tuition fee funded scholarship will be awarded to physically challenged students at various rates to be determined by the Scholarship Committee on a case-to-case basis.
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Eligibility criteria and other requirements:
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A minimum CGPA of 3.00 is required to be maintained in all the semesters. In case of failure to maintain the required CGPA, the scholarship will be canceled until achieving the required CGPA.
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Veteran's Dependent
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Up to 100% tuition fee funded scholarship is awarded to Veteran's dependent.
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Eligibility criteria and other requirements:
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A minimum CGPA of 3.25 is required to be maintained in all the quarters. In case of failure to maintain the required CGPA, the scholarship will be canceled until achieving the required CGPA.
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3% of the newly registered students of PTC for each quarter will be selected for the tuition fee waiver. If the total number of newly registered students in this category exceeds 3%, then the awards will be based on the highest CGPA.
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Students need to provide all certificates relevant to Veterans (e.g. copy W-214) along with a copy of his/her father’s ID Card evidence. All applications will be verified for authenticity from the concerned Department.
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If students have already paid the tuition fee, the awarded amount will be refunded after due verification.
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No scholarship will be provided for non-credit courses.
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The students are required to take at least ¾ of full-time credit hours in all other quarters.
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PTC Staff and Faculty Dependent's
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Up to 50% tuition fee funded scholarship is awarded to the children of a permanent employee if she/he completes at least 1 (one) year of continuous service at PTC. Maximum one child will be awarded.
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Eligibility criteria and other requirements:
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A minimum CGPA of 3.25 is required to be maintained in all the quarters. In case of failure to maintain the required CGPA, the scholarship will be canceled until achieving the required CGPA.
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The students are required to take full-time credit hours in all other quarters.
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Merit Scholarship Based on PTC Academic Results
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Based on the following academic standing, the students will be awarded a tuition fee waiver for the subsequent quarter. The awarded scholarship will be applicable for one quarter. To get a scholarship in the next quarters, the students will have to score the following CGPA in the current quarter.
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Eligibility criteria and other requirements:
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Undergraduate students need to complete at least half credit hours of any program to be eligible for this scholarship.
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A minimum CGPA of 3.70 is required to be maintained in all the quarters. In case of failure to maintain the required CGPA, the scholarship will be canceled until achieving the required CGPA.
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The students are required to take full-time credit hours in all other quarters.
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General Conditions
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Students, who have retake/repeat subject(s) in a quarter and applying for a tuition fee waiver, s/he will be required to pay for the retake/repeat subject(s).
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If students fail in any subject (s) in a quarter, s/he will not be considered for a tuition fee waiver for two subsequent quarters. However, s/he will be allowed to apply in the third quarter with the required CGPA.
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Students having “I “grade in a quarter will have to pay for all the courses in the subsequent quarter. If s/he obtains the required CGPA after “make-up”, his/her waiver for the next quarter will be reimbursed/adjusted.
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If there is any Retake/Repeat/F (Grade) in a student’s previous quarter result, s/he will not be eligible to apply for Merit Scholarship.
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Students, suspended/penalized for disciplinary reasons, will not be eligible for scholarship/financial aid for the remaining period of his/her academic career at PTC (that shall start from the date such decision is made).
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Application Procedure:
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Only freshmen and the students applying for the first time are required to apply through the prescribed form which is available at the PTC website or Information desk and submit it at the Information Desk.
Registered students, who are already availing of the scholarship /financial aid, will not have to apply again if s/he meets the eligibility criteria and credit requirements.
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