Norco College Financial Aid and Scholarships 2022

It is interesting to note that, every year, around 70% of students at NC receive some kind of financial aid, while the total amount of assistance/loans provided is $499,407. Notably, a total of 42% of the applicants to Norco College receive the Federal Grant every year. In comparison, 69% of the students get the Student Grant, and 42% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $3,687. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Norco College, the percentage of candidates who opt to avail of student loans is around 1%.