$5,229

Avg. Federal Grant

$5,914

Avg. Federal Loan

$64,932,701

Total Aid Awarded

North Carolina A&T State University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

77%

Total Aid Amount Average Total Aid Awarded per year.

$64.933M

Financial Aid Official Website

www.ncat.edu/admissions/financial-aid/

Notably, 96% of the students at North Carolina A & T State University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $52,980,244. The total percentage of candidates applying to North Carolina A & T State University who receive the Federal Grant is 62%. Meanwhile, 80% of the applicants receive the Student Grant and 67% are awarded the Institution Grant, while 61% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,360, while the same comes to $3,157 for State Grant receivers and $3,395 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,971. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund 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 North Carolina A & T State University, the percentage of candidates who opt to avail of student loans is around 81%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

65%

State Grant Aid

51%

Institution Grant Aid

71%

Pell Grant

65%

Average Aid Awarded

Federal Grant Aid

$5,229

State Grant Aid

$2,937

Institution Grant Aid

$2,637

Pell Grant

$4,853

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$10,010

$30,001 - $48,000

$8,615

$48,001 - $75,000

$5,358

$75,001 - $110,000

$1,953

Over $110,000

$1,126

Student Loans for North Carolina A&T State University

Average Loan Amount Average Loan Amount received per year.

$6,531/Year

Students Taking Out Loans

84%

Loan Default Rate

10.7%

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