$4,559

Avg. Federal Grant

$3,078

Avg. Federal Loan

$2,634,797

Total Aid Awarded

Nicolet College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

45%

Total Aid Amount Average Total Aid Awarded per year.

$2.635M

Financial Aid Official Website

www.nicoletcollege.edu/future-student/paying-for-college/index.html

Notably, 81% of the students at Nicolet Area Technical College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,067,127. Notably, a total of 53% of the applicants to Nicolet Area Technical College receive the Federal Grant every year. Meanwhile, 56% of the applicants receive the Student Grant, while 53% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,715. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. Every year, around 33% of the applicants to Nicolet Area Technical College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

59%

State Grant Aid

52%

Institution Grant Aid

N/A

Pell Grant

58%

Average Aid Awarded

Federal Grant Aid

$4,559

State Grant Aid

$1,069

Institution Grant Aid

N/A

Pell Grant

$4,274

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,177

$30,001 - $48,000

$5,224

$48,001 - $75,000

$2,058

$75,001 - $110,000

N/A

Over $110,000

$925

Student Loans for Nicolet College

Average Loan Amount Average Loan Amount received per year.

$3,078/Year

Students Taking Out Loans

28%

Loan Default Rate

21.2%

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