$5,003

Avg. Federal Grant

$4,623

Avg. Federal Loan

$60,723,818

Total Aid Awarded

Nassau Community College (NCC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

52%

Total Aid Amount Average Total Aid Awarded per year.

$60.724M

Financial Aid Official Website

https://www.ncc.edu/financialaid/

Notably, 72% of the students at Nassau Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $12,744,876. The total percentage of candidates applying to Nassau Community College who receive the Federal Grant is 55%. Meanwhile, 65% of the applicants receive the Student Grant, while 55% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,548. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At NCC, an estimated number of 15% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

56%

State Grant Aid

64%

Institution Grant Aid

N/A

Pell Grant

56%

Average Aid Awarded

Federal Grant Aid

$5,003

State Grant Aid

$3,066

Institution Grant Aid

N/A

Pell Grant

$4,952

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,369

$30,001 - $48,000

$7,597

$48,001 - $75,000

$4,463

$75,001 - $110,000

$1,797

Over $110,000

$279

Student Loans for Nassau Community College (NCC)

Average Loan Amount Average Loan Amount received per year.

$4,669/Year

Students Taking Out Loans

16%

Loan Default Rate

10.9%

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