Nebraska Methodist College (NMC) Financial Aid and Scholarships
Students Receiving Aid
72%
Total Aid Amount
$3.527M
Financial Aid Official Website
www.methodistcollege.edu/admissions/financial-aid
Such schemes include Clifton & Alberta White Memorial Scholarship, Humpert Memorial Scholarship, Maynard Jensen American Legion Memorial Scholarship, and Robert R. Johnson Memorial Scholarship. Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,178,211. One can visit NMCNAH's financial aid page at http://www.methodistcollege.edu/admissions/financial-aid for more information. At NMCNAH, the total percentage of applicants who receive the Federal Grant stands at 33%. Meanwhile, 95% of the applicants receive the Student Grant and 90% are awarded the Institution Grant, while 33% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,516, and the same stands at $2,000 for State Grant awardees and $4,496 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,859. 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. Those with a family income below $30,000 per annum, would get an average federal aid of $9,979 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $9,732 and $8,788, respectively. On the other hand, the average federal aid stands at $4,389 for those with an annual family income between $75,001 and $110,000, and at $3,978 for an income more than $110,000. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At Nebraska Methodist College of Nursing & Allied Health, the percentage of candidates who opt to avail of student loans is around 81%.
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