A significant number of students at NBC receive some kind of financial aid, and the total amount of assistance/loans provided is more than $1,216,449 in a year. More information regarding the financial assistance schemes can be accessed on NBC’s official financial aid page at http://www.nbc.edu/financialaid/. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,706. 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. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $5,815 per year. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.