$4,944

Avg. Federal Grant

$4,578

Avg. Federal Loan

$5,097,206

Total Aid Awarded

Nash Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

46%

Total Aid Amount Average Total Aid Awarded per year.

$5.097M

Financial Aid Official Website

https://www.nashcc.edu/admissions/financial-aid

It is interesting to note that, every year, around 81% of students at NCC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,885,500. Notably, a total of 76% of the applicants to Nash Community College receive the Federal Grant every year. Meanwhile, 78% of the applicants receive the Student Grant and 12% are awarded the Institution Grant, while 76% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,273, the State Grant receivers and Institution Grant beneficiaries get $1,591 and $1,395, respectively. And, for the Pell Grant awardees, the average aid amount is $4,061. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 11% of the applicants to Nash Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

65%

State Grant Aid

18%

Institution Grant Aid

13%

Pell Grant

65%

Average Aid Awarded

Federal Grant Aid

$4,944

State Grant Aid

$1,347

Institution Grant Aid

$1,335

Pell Grant

$4,941

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,587

$30,001 - $48,000

$5,771

$48,001 - $75,000

$4,318

$75,001 - $110,000

$5,434

Over $110,000

N/A

Student Loans for Nash Community College

Average Loan Amount Average Loan Amount received per year.

$4,578/Year

Students Taking Out Loans

18%

Loan Default Rate

22.1%

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