Avg. Federal Grant
Avg. Federal Loan
Total Aid Awarded
Students Receiving Aid
Percent of Students Receiving Financial Aid.
Total Aid Amount
Average Total Aid Awarded per year.
Financial Aid Official Website
It is interesting to note that, every year, around 75% of students at NVCC receive some kind of financial aid, while the total amount of assistance/loans provided is $943,478. For additional information about financial assistance schemes, one can head over to NVCC’s financial aid page at http://www.nv.edu/admissions-and-aid/paying-for-college/financial-aid. At NVCC, the total percentage of applicants who receive the Federal Grant stands at 66%. On the other hand, 73% of the candidates get the Student Grant, 29% receive the Institution Grant, and 66% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,594, the State Grant receivers and Institution Grant beneficiaries get $2,990 and $384, respectively. On the other hand, the average aid received by the Pell Grant awardees is $3,516. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At NVCC, an estimated number of 3% of the applicants choose to go for student loans.
Student Receiving Aid
Federal Grant Aid
State Grant Aid
Institution Grant Aid
Average Aid Awarded
Naugatuck Valley Community College has provided many types of aids to their students, but sometimes, it can get difficult to understand how that aid is distributed across the student population. Fortunately, we have spread out the latest information and given you those insights to help you understand the distributions.
Around 57% of the students receive Federal Grant Aid which amounts to an average of US$4,856.
57% of the students receive Pell Grants which amount to an average of around $4,786.
Approximately 22% of the students receive state grants at an average of around $2,751.
48% of the students receive institutional grants which amount to an average of around $932.
Average Federal Aid Per Year
$30,001 - $48,000
$48,001 - $75,000
$75,001 - $110,000
This is in the form of federal aid and the amount received can vary, depending on the income of the student or the student’s family. The average federal aid in Naugatuck Valley Community College is calculated according to the family income of the student which is segregated into 5 different income groups.
The average financial assistance provided to the student who has a family income of under $30,000 is $5,779.
The students who have a family income in a range between $30,001 to $48,000 are provided the average financial aid of $5,592.
The average financial aid of $5,272 is offered to the students who have an income range of $48,001 to $75,000.
The students and families who have an annual income fall in $75,001 to $110,000 the average federal aid provided are $3,189.
Students whose income point falls at $110,000 or above they have an average of $437.
Average Loan Amount
Average Loan Amount received per year.
Students Taking Out Loans
Loan Default Rate
New London, Connecticut